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 : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: yard_man who wrote (16817)	4/18/1998 8:14:00 PM
From: Haim R. Branisteanu	Read Replies (1) \| Respond to of 94695

Tippet, I did not intended to inplay to buy Brokerage stocks, as it is late in the cycle and actual most of their earnings come from IPO's, Debenture and M&A fees. The stock transaction fees are marginal and more services are requested from them. Aside all this as soon as the market will soften/go down the fat fees will evaporate any way. My note was more related to the amount of money churned to make a "buck" <gg> and that we must pay for some one that merely does any service at all. I am not shure that on a $20 commission on NASDQ for a limit order of 1000 shares the brokerage firms actual make a lot of money anyway, but still get their $10 in operating profits. Those are my 2 cents.