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To: Goat who wrote (889)3/19/1998 2:16:00 PM
From: Double Dipper  Read Replies (1) | Respond to of 4715
 
Goat,

Many of the online ebrokers charge a penny per transaction
above a certain limit. Waterhouse for instance charges a flat
rate of 12.00 for up to 5k shares but a penny a share for trades
over 5K. Therefore, a 10k trade would cost you 100.00 but two
5k trades would cost 24.00. This is why the many 5k trades.

Kevin



To: Goat who wrote (889)3/19/1998 2:32:00 PM
From: Hal  Respond to of 4715
 
All or nothing slows down execution.
Hal
BuyLowSailHi