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Technology Stocks : COMS & the Ghost of USRX w/ other STUFF -- Ignore unavailable to you. Want to Upgrade?

To: Jeffery E. Forrest who wrote (9440)	11/18/1997 7:21:00 PM
From: David Lawrence	Respond to of 22053

>>So Fido has FREE quotes? They've been threatening to charge for them all year, but keep postponing the effective date. The policy currently reads: Q: Are there charges involved with using F.O.X.+? A: Beginning January 1998 Fidelity will provide you with: 100 non-expiring quote credits upon establishment of your billing group. 100 non-expiring quote credits each time a commission-generating trade you placed through F.O.X.+, Fidelity Web Xpress or Fidelity Web Xpress for Microsoft Investor is settled. Trading-based credits do not expire. 100 additional expiring quote credits per month for each $50,000 of assets held in combined Fidelity mutual fund or brokerage accounts (maintained by Fidelity Services Co. or Fidelity Brokerage Services, Inc.) as of the last business day of the month. The asset-based credits remaining will expire at the end of the month, and new credits will be issued at the beginning of the following month. Expiring credits (asset based) are debited before non-expiring credits (those obtained from establishing your billing group and from settled commission-generating trades). You use these credits to purchase F.O.X.+ services such as security quotes (Fidelity Mutual Fund quotes are free). If you use all of your available credits, you can purchase additional credits in blocks of 100 for $3.00. For example: A hypothetical customer with $60,000 in mutual fund assets places two commission-generating trades that settle, receives 400 quotations during one month. Based on the customer's assets and activities, the customer must buy 100 billing credits for $3.00. I imagine that I could convince them that it would not be in their best interest [customer retention] to charge me, if it came down to it.