Silicon Investor (SI) -- The First Internet Community

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To: MichaelDP who wrote (230)	11/24/1997 9:07:00 AM
From: Fair Field	Respond to of 602

I've made plenty of bb trades with them until I got to aret. Didn't think to ask how I sell the aret that was transfered over to them. Is there a distinction between pink sheet and bb stocks? If so, that's the reason.

To: MichaelDP who wrote (230)	11/25/1997 11:48:00 AM
From: mtnres	Read Replies (2) \| Respond to of 602

Letter to NDB: (What do you guys think?) Due to the increase in Farsight's pricing, several of us from the web site Silicon Investor are banding together to leave Farsight for a new broker. Depending on the terms, we should have a minimum of 20-30+ accounts we would like to open. Some are IRA accounts, others are just individual investor accounts. I have not taken a poll as to the dollar amount of these accounts as I would prefer the people on my list phone or email that info directly to the new house we are considering but I can say that it is my impression they run a wide range with several large ones and some on the smaller end. We were at Farsight as they do have (generally) good customer service (same price to call a broker as to trade online, excellent problem resolution, speedy responses, etc.)and for their Flat rate pricing for unlimited shares. Some of the people on the list like to dabble in high risk penny stocks so the ability to do OTC:BB without share restrictions is important to them as well. Free checking, Gold debit cards, and typical banking features at low or no rates are a plus to many of the people concerned. I have become a single point of contact for researching our replacement firm, as far as our group efforts, obviously they are seeking individual solutions as well; if someone can offer us what we require and give us a reasonable incentive to move our accounts to them, I feel several of us former, or soon to be former, Farsighter's would do so. Your terms and what you offer are fairly straight forward but what we are seeking is some type of incentive to all open accounts at one firm. Is there a point of contact with whom we can negotiate such a deal or would we all be left to our individual selves in dealing with your firm? Some firms offer a period of free or reduced trading to open accounts as an incentive or reduced rates for a specific number of accounts or a certain dollar amount. We know what you offer publically and don't want to change the way you do business, we are just looking for our best option long term as well as some sort of benefit for bringing you a good piece of business collectively. Please advise, Name Email Phone/Fax

To: MichaelDP who wrote (230)	11/25/1997 12:00:00 PM
From: mtnres	Respond to of 602

Too bad for Farsight, my direct deposit starts going to them starting tomarrow. It will be over $10K. I will use the cash to buy my positions at their $10 rate and, unless they change their new pricing, end up requesting a DTC transfer to my new firm and close the Farsight account sometime before Jan. 12, 1998 (the day they change their prices). FYI: When I opened my Farsight account, I sent a small check ($100-$150) to ensure the account was open and active. Then I requested a DTC transfer (that's the key) from my old broker to Farsight. My stocks were out of my old account and showing and available in the Farsight account in two business days. This will very some depending on the firm you are transferring from and the firm you are transferring to but doing it this way saves what could be weeks of waiting if you go to transfer your account to open the new one. For those of us in penny stocks we all know that is unacceptable as their volitility is often too high to tie them up that long. If you just request a transfer, it will likely take several weeks, you must especially request a DTC transfer to get it done in days.

To: MichaelDP who wrote (230)	11/25/1997 12:09:00 PM
From: mtnres	Respond to of 602

I appended the letter to NDB to include a request for low opening balances to allow us to do the DTC transfer and for the benefit of those with smaller accounts. The new letter reads: Due to the increase in Farsight's pricing, several of us from the web site Silicon Investor are banding together to leave Farsight for a new broker. Depending on the terms, we should have a minimum of 20-30+ accounts we would like to open. Some are IRA accounts, others are just individual investor accounts. I have not taken a poll as to the dollar amount of these accounts as I would prefer the people on my list phone or email that info directly to the new house we are considering but I can say that it is my impression they run a wide range with several large ones and some on the smaller end. We were/are at Farsight as they do have (generally) good customer service (same price to call a broker as to trade online, excellent problem resolution, speedy responses, etc.)and for their Flat rate pricing for unlimited shares. Some of the people on the list like to dabble in high risk penny stocks so the ability to do OTC:BB without share restrictions is important to them as well. Low account minimums to open are important as most of us would like to open/activate the account and then request a DTC transfer into the new account so as to tie up our securities for as little time as possible. Free checking, Gold debit cards, and typical banking features at low or no rates are a plus to many of the people concerned. I have become a single point of contact for researching our replacement firm, as far as our group efforts, obviously they are seeking individual solutions as well; if someone can offer us what we require and give us a reasonable incentive to move our accounts to them, I feel several of us former, or soon to be former, Farsighter's would do so. Your terms and what you offer are fairly straight forward but what we are seeking is some type of incentive to all open accounts at one firm. Is there a point of contact with whom we can negotiate such a deal or would we all be left to our individual selves in dealing with your firm? Some firms offer a period of free or reduced trading to open accounts as an incentive or reduced rates for a specific number of accounts or a certain dollar amount. We know what you offer publically and don't want to change the way you do business, we are just looking for our best option long term as well as some sort of benefit for bringing you a good piece of business collectively. Please advise, Name: Email: Phone: Fax: