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Non-Tech : Any info about Iomega (IOM)? -- Ignore unavailable to you. Want to Upgrade?

To: Francis Muir who wrote (38516)	12/4/1997 12:00:00 PM
From: John M. Hammer	Read Replies (1) \| Respond to of 58324

OT - Partial Fills << << I can't believe they are going to charge you a full commission for each part of the partial fill! >> In fact they can and will, and it's all perfectly legal. I should have checked the AON box. Some stocks are so thinly traded that it is sometimes advantageous to buy a few at a time as the price bounces up and down. Remember that there's no question of partial filling if you buy and sell at Market Price.>> Well, I've used a number of online brokers now (eBroker, Farsight, Datek, Waterhouse) and have had orders broken into multiple partial fills, and never once was I charged more than one commission as long as the executions all happened on the same day and resulted from a single order. If Etrade has a different policy, then that sounds like a good reason to avoid them completely. I never use market orders anymore, because market makers and specialists can take advantage of them too easily. Best wishes, John

To: Francis Muir who wrote (38516)	12/4/1997 12:16:00 PM
From: Jeff Loughlin	Respond to of 58324

* OT * Partial fills >><< I can't believe they are going to charge you a full commission for each part of the partial fill! In fact they can and will, and it's all perfectly legal. I should have checked the AON box. Some stocks are so thinly traded that it is sometimes advantageous to buy a few at a time as the price bounces up and down. Remember that there's no question of partial filling if you buy and sell at Market Price.<< Sounds awful fishy to me....when you place an order, it's their responsibility to get it filled - if it takes them 5 transactions to do it, then that shouldn't be your problem. Sort of like when you take your car to the mechanic - you don't pay for the time it takes them to diagnose the problem, only the time to fix it. Diagnosing the problem is the mechanics responsibility, just as finding a seller (or buyer) is the broker's responsibility. And how do you know that they really were seperate transactions? They could fill it all at once and then tell you that it took 5 seperate transactions, just to squeeze some extra $$$ out of you. Doesn't really seem fair, since you have no way of verifying it. Jeff L.

To: Francis Muir who wrote (38516)	12/5/1997 7:10:00 AM
From: FBarron	Read Replies (1) \| Respond to of 58324

I should have checked the AON box Schwab is higher for their trades, ($29.95 for up to 1000 shares) but they only charge for 1 transaction for multiple hits on any one day for any one order (even when you don't specify AON). One question for the thread, however. What are the chances of IOM breaking below $30? It seemed, at earnings announcement time that there was no way they would miss earnings next time with the backlog in existence at the time, if their manufacturing process holds up.