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Non-Tech : Always Looking for Cheap Internet Brokers -- Ignore unavailable to you. Want to Upgrade?

To: grw5 who wrote (52)	11/16/1997 2:23:00 PM
From: R Jennings	Respond to of 602

Well heres my letter. Dear farsight service, I just recieved your price schedule and wish to express my displeasure with the following. " $20 flat fee per trade for orders up to 1,000 shares. Additional $0.02 per share over 1,000 shares. No postage or service fees. (Stocks trading at less than $1 will incur an overriding minimum of $20 and a maximum of 5% of principal.)" 90% of my trades are OTC's under $1 over 5000. By my calculations this would give me minium fee of $270 or 5% of the principal. This is very close to what my full service broker charges and unacceptably high for a internet trading service. As your customer service has been above excellent I will continue to maintain a account consisting of NASDAQ&NYSE stocks however those I hardly ever trade and they consist of only 10 % of my total portifilo. As a counter proposal may I suggest dropping the per share add on ?( I would pay $25 for a unlimited OTC trade) Thank you for your time and attention, I look forward to your response. Robert Jennings

To: grw5 who wrote (52)	11/17/1997 10:34:00 PM
From: grw5	Read Replies (3) \| Respond to of 602

To All, I think that coppin' an attitude will only irritate the powers that be and convince them that internet penny-stockers are clients that are not worth having. JMO, but many of the posts that I've read over the last few days have confirmed the opinion that I have heard expressed by several brokers that OTC:BB and the people that trade them are not worth the trouble. If you want Farsight to consider offering a truely flat rate, it would be wise to approach them from the standpoint of how it will benefit them and how simple it can be to handle online trading in OTC and other large block sales, encourage them to change to decimal pricing which will better fit BB stocks, and communicate with them in a mature civilized manner to show them you are worth having as a client. Best of luck, George