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Non-Tech : E*Trade (NYSE:ET) -- Ignore unavailable to you. Want to Upgrade?

To: Sommers who wrote (3056)	6/26/1998 12:47:00 PM
From: noteye	Read Replies (1) \| Respond to of 13953

Whoever told you that you can't switch is full of it. I have done so -- from Fidelity (only in part) to ETrade, then back to Fidelity. Be persistent. Once the ball starts rolling, the problem then is foot-dragging (could be on either company's side ... whichever one you're defecting from). I had to call Fidelity and ask them what the hold up was with the transfer. I got some lame excuse along the lines of, "uhhh, your transfer form was sitting on my desk." It can all be done speedily, if they cooperate. But, I'd go with Fidelity over ETrade if you're an "active" trader (12+trades/yr) because the price is the same and service is far superior. What I did not like about E*Trade is that whenever I had to have human contact, it either meant waiting on hold for 20+ minutes, or firing off an email which would be answered half a day later. At Fidelity, as you probably know, the wait for a human is rarely more than a couple of minutes. Another big plus, if you ever find yourself travelling overseas away from a computer, is that Fidelity will accept collect calls from anywhere. Sure, then you're stuck with the normal comission schedule, which isn't great, but the person on the other end of the line can search headlines and give you other value-added service. Then again, if you are on an island in the South Pacific, it's probably better to just forget about the Market. Don't let Fidelity hoodwink you -- you do not have to liquidate, and they must facilitate the transfer.

To: Sommers who wrote (3056)	6/26/1998 9:30:00 PM
From: DavidMW	Respond to of 13953

I also was successful in transferring my Fidelity account to Etrade, and it was only a matter of filling out the appropriate forms. However, now that I think about it, the only thing that was liquidated were the Fidelity mutual funds that were in my account. The stocks I held in the Fidelity account were transferred without being liquidated. Also, I'm very happy with Etrade account.

To: Sommers who wrote (3056)	7/3/1998 12:12:00 AM
From: Patherzen	Read Replies (1) \| Respond to of 13953

Vector Vest has EGRP value @ $24.60/share Hmmmmm...who do we believe?

To: Sommers who wrote (3056)	9/19/1998 1:47:00 PM
From: Sommers	Read Replies (1) \| Respond to of 13953

On June 26, 1998 I posted the following to this thread (#3056): <<EGRP Fair Value = $13? ...last month I requested ETrade to transfer my Fidelity brokerage account to ETrade. A Ms. Renee Smitherman responded in a letter dated May 28th that said they COULDN'T do it since "ETrade does not have a dealer agreement with Fidelity Funds.">> I post this message because of a strange envelope sent to me (unsolicited) recently by ETrade. The envelope was addressed to me, but inside was information intended for a Mr. Pelligrino of Andover , MA. OK, so first I ask ETrade to open an account for me and transfer my Fidelity mutual accumulations. They write me back (Renee Smitherman) saying, no can do. (Schwab did it in one week.) Now I get mail from ETrade in error that should have gone to some guy named Pelligrino. Hello, McFly!! I hope my brushes with E*Trade are only an aberration and not "situation normal all @#$%ed-up." I remain, resting easy with Schwab.