Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?

To: Dale Baker who wrote (866)	1/17/1998 8:09:00 AM
From: clochard	Read Replies (1) \| Respond to of 18691

I use Dreyfus Brokerage Services, formerly Pacific Brokerage Services, at www.tradepbs.com. They have the lowest commisions by far, $1.75 per contract, $15 minimum. Their web site is fast, no graphics, but not encrypted (secure), although the logon is secure. The lack of encryption is an issue and hopefully they will do something about it. Also, unlike Datek (no options), your balances are not updated throughout the day, so you have to figure out yourself how much money you have. They also give you real time quotes only before submitting an order. The options selection screens are very nice.

To: Dale Baker who wrote (866)	1/17/1998 8:24:00 AM
From: Wolverine	Respond to of 18691

Dale, check out SmartMoney's ratings of on-line brokers at: smartmoney.com

To: Dale Baker who wrote (866)	1/17/1998 10:07:00 AM
From: BDR	Read Replies (1) \| Respond to of 18691

Discover Brokerage (I still call them Lombard) will let you do that. Here is their demo page address: discoverbrokerage.com Fidelity's WebExpress does, too: personal32.fidelity.com:80/trade/index.html but Discover's site is faster and the structure of their site is much more logical and direct. You can, for example, get a quote and then move directly to the order screen. With Fidelity you have to back out of the quote page to your portfolio and then call up an order screen.

To: Dale Baker who wrote (866)	1/17/1998 10:46:00 PM
From: Timoteo	Respond to of 18691

Dale-Discover (formerly Lombard will let you do anything and is pretty good about it. Their option commissions are quite competitive, but they are getting undercut by others for electronic limit orders (currently $20). Timoteo

To: Dale Baker who wrote (866)	1/17/1998 10:55:00 PM
From: John Nobrega	Respond to of 18691

Dale, For options trading, I've been happy with Ameritrade. They have a really good web site and the commissions are low.

To: Dale Baker who wrote (866)	1/18/1998 2:36:00 AM
From: Mama Bear	Respond to of 18691

>>>TO ALL: I need suggestions for an on-line broker which will let me buy puts and calls.<<< Waterhouse will, but they're options commission is too expensive, IMO (31.50+1.75 per contract). Webstreet webstreetsecurities.com seems to be a good online broker (I just signed up last month), and has 14.75 + 1.75 per contract commissions for options, but I didn't sign up for options trading because I quit trading options. I just got tired of the games the specialists play, and feel a straight equity position has better risk/reward. Barb