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Non-Tech : Web Street Securities (WEBS) -- Ignore unavailable to you. Want to Upgrade?


To: Mike who wrote (169)12/18/1997 5:54:00 PM
From: Esteban  Read Replies (1) | Respond to of 1339
 
Sorry to hear about your experiences, Mike. I was not aware of the high cost of under 2 dollar stocks until I read about it here on SI. But because they do make it clear that 1000 shares of under 2.00 is not free, I managed to dodge the bullet.

I have been charged a commission on a split trade before. It was an easy mistake to catch and I don't think there was any intent on their part. What I like is that they have fixed any problems I've had like this without hesitation.

I've had some problems with PCQuote lately and am thinking about trying Web St.'s level II. I'm searching for some input on this from SI members. Someone must be using it.

Esteban



To: Mike who wrote (169)12/19/1997 6:21:00 PM
From: J.Fox-President,Web Street Sec  Read Replies (3) | Respond to of 1339
 
Mike,

In regards to your confusion on the activity screen..

What we display is both the original order (as you placed it on the computer) and the executed order. So, instead of saying that there are glaring errors on the system, call one of our reps and they would have been happy to give you the proper explanation.

Everywhere we post our commissions we make it perfectly clear that our
$14.95 per trade price is for all stocks that trade over $2.00 per share. The only additional commission is the $0.01 per share on
NASDAQ stocks trading at $2.00 or below.

I am glad that you enjoy our quality pricing and executions on
options.

Best regards,

Joseph Fox
President
Web Street Securities