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To: Jan Crawley who wrote (20314)	10/6/1998 10:59:00 AM
From: RFF	Respond to of 164684

OT - brokerages Web Street trades options for $14.95 + $1.75 per contract - the cheapest I've found. Stocks are $14.95, over 1000 shares of Nasdaq stocks are free. They are still fairly new and haven't got all the bugs out of their system, but the experience has been OK so far. Most of the problem is just updating accounts on-line too slow. They claim to update accounts in real-time, but doesn't always workout that way. They've always been pretty responsive on the phone though. They also offer streaming real-time quotes and level II Nasdaq screens. I haven't tried these yet. Bob

To: Jan Crawley who wrote (20314)	10/6/1998 11:05:00 AM
From: peter michaelson	Read Replies (2) \| Respond to of 164684

Jan: From what I see, Waterhouse commissions appear similar to Schwab. Am I missing something? copied from Waterhouse Waterhouse Options Price 1/4 1/2 3/4 1 1 1/2 2 2 1/2 3 3 1/2 1 28.13 28.13 28.13 28.13 28.13 28.13 28.13 28.13 28.13 2 29.25 29.25 29.25 29.25 29.25 29.25 29.25 29.25 29.25 3 30.38 30.38 30.38 30.38 30.38 30.38 30.38 30.38 30.38 4 31.50 31.50 31.50 31.50 31.50 31.50 31.50 31.50 31.50 5 32.63 32.63 32.63 32.63 32.63 32.63 32.63 32.63 32.63 6 33.75 33.75 33.75 33.75 33.75 33.75 33.75 33.75 33.89 7 34.88 34.88 34.88 34.88 34.88 34.88 34.88 36.59 38.64 8 36.00 36.00 36.00 36.00 36.00 36.36 38.70 41.04 42.84 9 37.13 37.13 37.13 37.13 37.60 40.23 42.87 45.14 46.96 10 38.25 38.25 38.25 38.25 41.18 44.10 47.03 49.05 51.08 15 43.88 45.80 47.98 50.18 54.57 58.05 61.10 64.13 67.17 20 58.33 56.25 59.18 62.10 67.05 71.10 75.15 79.20 83.28 25 63.05 66.72 70.37 74.03 79.09 84.15 89.22 94.28 99.34 30 72.79 77.18 81.57 85.05 91.13 97.20 103.28 109.35 115.43 40 92.25 98.10 103.05 107.10 115.20 123.20 131.40 139.50 147.60 50 111.72 119.03 124.09 129.15 139.28 149.40 159.53 169.65 179.78 Price 4 4 1/2 5 6 7 8 9 10 1 28.13 28.13 28.13 28.13 28.13 28.13 28.13 28.13 2 29.25 29.25 29.25 29.25 29.25 29.25 29.25 29.25 3 30.38 30.38 30.38 30.38 30.38 30.38 30.38 30.38 4 31.50 31.50 31.50 31.50 32.04 33.66 35.28 36.90 5 32.63 32.63 33.53 35.55 37.58 39.60 41.63 43.65 6 35.64 37.04 38.25 40.68 43.11 45.54 47.97 50.40 7 40.14 41.57 42.98 45.81 48.65 51.48 54.32 57.15 8 44.46 46.08 47.70 50.94 54.18 57.42 60.66 63.90 9 48.78 50.61 52.43 56.07 59.72 63.36 67.00 70.65 10 53.10 55.13 57.15 61.20 65.25 69.30 73.35 77.40 15 70.20 73.25 76.28 82.35 88.43 94.50 100.58 106.65 20 87.30 91.35 95.40 103.50 111.60 119.70 127.80 135.90 25 104.40 104.47 114.53 124.65 134.78 144.90 151.65 158.40 30 121.50 127.58 133.65 145.80 156.60 164.70 172.80 180.90 40 155.70 163.80 171.90 182.70 193.50 202.50 209.70 216.90 50 189.90 196.65 203.40 216.90 225.90 234.90 243.90 252.90 Please note that this schedule is for Waterhouse webBroker customers only and applies to options trades placed via your PC or TradeDirect®. Our standard Option Commission Schedule applies to options trades placed via an Account Officer. [ Back ] Entire publication © Waterhouse Securities, Inc. 1996. All rights reserved. Member NYSE, SIPC. Click here for important legal information.