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Microcap & Penny Stocks : TSIS: WHAT IS GOING ON? -- Ignore unavailable to you. Want to Upgrade?

To: John S. Baker who wrote (1047)	4/5/1998 3:05:00 PM
From: John S. Baker	Read Replies (1) \| Respond to of 6931

I trust that everyone on this thread knows that one can buy (or sell) any San Diego based stock for $5 a trade through Jack White and Company. looks like about 100-120 different stocks in the list. This is what Jack White calls an "Interconnect trade" meaning that they "cross" (match) the sells and buys at 1 PM (NY time) each day and if matched they split the bid and asked price. You also can specify that if a match is not accomplished, they should put the order on the market and let a MM execute it, but still for only the $5 commission. Obviously this procedure is better for buy-and-hold investors in stocks whose price does not fluctuate wildly during the day. A day-trader could lose more by waiting for the 1 PM "crossing" than he would save in the commission fees. For my San Diego stocks ... includes TSIS ... I usually check the prices at 12:40 and the call in my order. (Orders must be placed by 12:45, for the 1:00 crossing.) Jack White is at 1-800-233-3411.