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To: ISOMAN who wrote (12216)8/18/1998 10:35:00 PM
From: findstock  Read Replies (2) | Respond to of 43774
 
Iso, as a normal rule brokerage houses aren't going to allow an individual investor to short, at any price, but a few will at a price generally above a dollar, but the same houses that say they won't let you, or that they don't you can be your last bb dollar that they have and are doing it, I will check with a large broker in Baton Rouge La, to see if he knows of anybody.....



To: ISOMAN who wrote (12216)8/18/1998 11:27:00 PM
From: Jim B  Respond to of 43774
 
news RELATING somewhat to Insider Trading owned by PRWT.
thanks to the person who emailed me this.
--------------
Schwab, E*Trade Lose Online Market Share

Analysts' reports agreed Friday that both Charles Schwab (SCH) and
E*Trade (EGRP) Group, the two biggest players in the online brokerage
business, lost market share in the second quarter of the year.
Researchers at Minneapolis's Piper Jaffray and San Francisco's Credit
Suisse First Boston office said Schwab's market share fell almost 2
percent, while E*Trade lost about 1 percent. Jaffray analyst Stephen
Franco said the quarterly report lists the top five brokerages,
measured in the number of retail trades handled, as Schwab (29
percent), E*Trade (11 percent), Fidelity (9 percent), Waterhouse (9
percent), and Datek (8 percent). CSFB's Bill Burnham said, "Firms with
the lower prices, courting the most active traders, saw the most
growth." The two largest gainers, he said, were Datek Online and
AmeriTrade Holdings (AMTD).

Jaffray's Franco estimated that 22 percent of all retail trades in the
first six months of the year were conducted online. And growth
continued strong in the second quarter, with the number of online
accounts at the top 10 brokerages rising to 4.9 million, a gain of 21
percent from the first quarter's level. Indicating that commission
price cuts have perhaps ended, Franco pointed out the rates charged by
the top 10 firms were essentially unchanged in the second quarter.

Franco predicted the balance of the year will see new competition for
online trading businesses as traditional financial institutions, such
as banks and full service brokerages, roll out offerings. "With the
planned release of valuable new online trading features and the major
marketing campaigns, we expect quarterly growth rates to remain in the
twenty-percent range for the next six months," the analyst added.




To: ISOMAN who wrote (12216)8/18/1998 11:55:00 PM
From: jhild  Respond to of 43774
 
isoman maybe want to think about moving to Belize:

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Below, we have provided you with important information on Belize. Read on, and you will agree that Belize is indeed The Offshore Haven of The Americas.


kpmgbelize.com



To: ISOMAN who wrote (12216)8/19/1998 6:45:00 AM
From: Tom Murphy  Respond to of 43774
 
isoman....good post...I was not going to argue about the statements made that you could short a 3 cent stock in Canada...because I did not know....Looks like another BB myth goes down the tubes...Thanks.