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Non-Tech : E.Schwab problems -- Ignore unavailable to you. Want to Upgrade?


To: ET who wrote (72)12/17/1997 9:48:00 PM
From: Citidude  Respond to of 1401
 
webstreet.com offers 1,000 share trades absolutely free!!! All the info is at that site. E-Schwab is probably the most expensive on-line e-broker there is and takes just about the longest to execute a trade. 5 hours once for 1000 shares of XCIT.



To: ET who wrote (72)12/18/1997 10:39:00 AM
From: Michael C. Woodward  Read Replies (1) | Respond to of 1401
 
During the first quarter '98, I will probably switch to one of the following three on-line firms:

ETrade
Ameritrade
SureTrade

I have opened an account with the Paulson Investment Company, based in Portland. I have a small account with them. I have this account so that I can place a trade during heavy volume (like those to miserable days in October when it took me 4 hours to reach them by telephone) in the event that I can't access my on line trader. In this situation, I have three days to move money to the account to cover a transaction. The downside is that I can't do a sell with Paulson if I don't have the security (which is with ESchwab) because it takes three weeks to move a stock between institutions and Paulson would have to have the money in three days.

a stock that I have in my ESchwab account