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Gold/Mining/Energy : Day trading in Canada -- Ignore unavailable to you. Want to Upgrade?

To: keith massey who wrote (1751)	12/8/1998 9:52:00 PM
From: Wizzer	Read Replies (1) \| Respond to of 4467

From: The Afternoon Express For December 08, 1998 EXTRA! EXTRA! (Today's Feature Headlines) INTERNET BROKERAGE SEES SOME GROWING PAINS Recently we have reported on how the growing trend toward Internet brokerage is beginning to nibble at the earnings of traditional brokerage firms. It is clear that many investors have accepted the Internet as a medium for managing their investment accounts, however it is also clear that not everyone's experience with Internet brokerage has been trouble free. Two reports in recent weeks particularly point up the problems facing this new part of the financial services market. The first was by MSNBC and outlined that some on-line brokers have become concerned about how the courts might interpret their liability for poor, or uninformed, investment decisions made by their on-line clients. In particular, one complaint was recently filed by a 27 year old grad student who says he lost $40,000 in savings for medical school due to trading he did in an on-line margin account over the summer. This was a self-managed account, however this client's contention is that the broker had a responsibility to stop him from blowing himself out of the water. While the outcome here may be rather obvious to any experienced investor, the implications of this and other cases have on-line brokers concerned. Enough so, in fact, that they have formed a committee within the Securities Industry Association to request that regulators provide clarification of the rules to be applied in this type of situation. A second report, which is our featured hyperlink today, is from CNNfn and details the negative experiences some investors have had with on-line brokers due to system capacity and technology problems. A notable piece of information in this article is that Mondays tend to be a high traffic day for on-line brokers. This coming about due to the phenomenon of folks working on their portfolios over weekends and translating this into orders on the first trade day of the week. (Undoubtedly some enterprising B-school professor will work this into a paper on the 'Internet Monday Effect'). Another perspective in the article is related to client perceptions of this new investing medium and gives credence to an assertion we previously made in the Afternoon Express. Specifically, this client notes that she might not have been able to do the type of trading she does if the Internet did not exist. She goes on to say that "I would rather deal with a (bad) online broker then [sic] a human broker". This appears to support the conclusion that the financial services industry is undergoing a metamorphasis and investors are beginning to find Internet investing to be more appealing than dealing with a traditional brokerage. We will certainly continue to monitor this trend. To view a report relating to this story you may wish to try the following hyperlink: cnnfn.com You can read this great story and more at stockgroup.com ********************* * DISCLAIMER * STOCK GROUP INTERACTIVE MEDIA, is not a registered Investment Adviser or a Broker/Dealer. Readers are advised that the report is issued solely for information purposes and is not constructed as an offer to sell or the solicitation of an offer to buy. The opinions and analysis included herein are based from sources believed to be reliable and in good faith but no representation or warranty, expressed or implied is made as to their accuracy, completeness or correctness. Readers are urged to consult with their own independent financial advisors with respect to any investment. All information contained in this report should be independently verified with the companies mentioned. Copyright STOCK GROUP INTERACTIVE MEDIA, 1998. All Rights Reserved

To: keith massey who wrote (1751)	12/8/1998 10:06:00 PM
From: Mike Perras	Respond to of 4467

Thanks Keith .. EOM

To: keith massey who wrote (1751)	12/10/1998 1:31:00 PM
From: AriKirA	Read Replies (1) \| Respond to of 4467

Is this a start of a revolution? I think someone out there might be listening! Investorline has just updated their web page. Not outstanding, but at least it's a start. I guess all the complaints had an effect after all. investorline.com I specifically like their Market update page with the Market Pulse as well as their Financial Resources' tools and links. They have also added an order status as well as some limited charting features. Now, if we can just do something about their execution speed ... Chief, where are you? <ggggg> What do you guys think? Chief, Keith, Kevin ... any comments? Happy Trading AK

To: keith massey who wrote (1751)	12/10/1998 4:30:00 PM
From: David M. Lomow	Read Replies (2) \| Respond to of 4467

Keith or anyone Noticed that Bell (Sympatico) and Nortel are now teaming up yo offer ADSL services in specific parts of Can. I know there was some discussion of the relative merits a while ago on the thread, I just can't seem to find it. If you could point me to the proper posts it would be greatly appreciated. Sympatico seems to be offering unlimited downloads, 1 e-mail, 5meg personal web space for $39.95/month. There is a one time $50.00 set-up fee, and free modem rental until April/99, plus a free copy of Encarta. QUESTION If you go with ADSL, can you still keep you old analog modem set up (I use it as a fax machine). Is it possible to plug two modems into a computer at the same time (I am actually using a MAc with built in Ethernet). Sympatico is saying it is possible to set the ADSL modem up to send/receive faxes, they just will not be supporting it TIA Dl