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To: Silver Surfer who wrote (12731)	8/27/1998 8:51:00 AM
From: ColleenB	Respond to of 43774

What difference does it make to the guy sitting in his den at home trading online where they are based? for many of us, this may be true, however, there are a lot of individuals who still prefer to use a broker, and they probably out number the online investor at this point in time. And these individuals would/will pay the extra money to go to a trading office, especially in the cities being targeted. Message 5572001 The individual investor (whether they be a penny trader or not) is becoming more independent these days. Articles like "Dump Your Broker" are poping up in an array of financial magazines. Over 1 million Americans now trade online and that number is forecasted to be 5 million in the near future Silver...this is the beauty of it all.....have you read kevinl's and isoman's posts where they describe the benefits of using IT????...your order goes directly to the floor, you bypass the middle man. You see....John's targeting two types of investors...this is absolutely BRILLIANT!!!...IMO of course

To: Silver Surfer who wrote (12731)	8/27/1998 8:59:00 AM
From: Dynamicist	Read Replies (1) \| Respond to of 43774

Silver Surfer--I'm not a PRWT or Insider Trading expert, but from what I can tell IT's target investors are position traders and day traders. These are people whose main concern with their online broker is speed and accuracy in execution, not price. Most of the books I've read say that when commission costs get below about $50 or so that they are really inconsequential to a good trader, so $21.95 (or even $30) would be quite reasonable. I'm not sure if this is how establishing the trading offices works or not, but I seem to remember that the trading offices are in high traffic areas where they apparently hope to attract business professionals who can't always sit and watch the trading day with their finger on the button. The trading offices allow investors to come in, access their accounts and make trades. This constitutes a second target audience, although I don't really know how large this audience is. I would think this would all depend on location. Someone please correct me if I'm wrong on this so I can "get back up to speed." Dy

To: Silver Surfer who wrote (12731)	8/27/1998 9:50:00 AM
From: alan hardy	Read Replies (1) \| Respond to of 43774

Silver Surfer, The idea of using a trading system such as the executioner, or IT is that you have the ability to use ECN which allows you to post bids and ask inside the best offers already posted by current MM's. In the most real sense, you become the MM. That $30 bucks you paid more that made up for itself if you are able to trade 1000 shares of any stock at 1/6 of a point better than the posted bid/ask. you also should have the ability to post bid/ask thru select net, or soes. At least most other trading systems like this do. IT also says that they will be setting up the ability to do BB, or penny stocks soon. Comission will be $30. Still a great deal if you can get inside best ask/bid.