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Non-Tech : Iomega Thread without Iomega -- Ignore unavailable to you. Want to Upgrade?


To: Linda Pearson who wrote (5897)1/15/1999 10:11:00 AM
From: Gottfried  Read Replies (2) | Respond to of 10072
 
Linda, OT *** on-line trading ***
Because of the low reliability of online trading it is advisable
to have one account that can be accessed directly from your computer,
using the broker's proprietary software [NOT the internet].
With internet trading at least two things can go wrong: your
ISP could be unaccessible and the broker's internet site could
be slow or down. Schwab has eSchwab software you install on
your PC. I believe Waterhouse and DLJ also have proprietary
trading software. For a frequent trader [which I'm not], it makes
sense to have two PCs with a different ISP on each and two
brokers that can be accessed from either one.

On ISPs for SF Bay area residents: I switched to Pathlink.
$10 per month for unlimited access. [may go to $15 after
6 months]. Calling support you get a LIVE person on the
second or third ring! I had software problems preventing
access and they patiently walked me through the fix.
I had been paying $20 with Pacbell. Pathlink's service is
equivalent to the higher priced ISPs. If anyone signs up
with them, please mention my e-mail address [maugott@pathlink.com]. Then I get a week free for the referral. They had an hour or so downtime this week [pre-announced, so they could upgrade] and gave each customer a free week for the inconvenience.
pathlink.com

Gottfried



To: Linda Pearson who wrote (5897)1/15/1999 11:00:00 AM
From: Michael M  Read Replies (1) | Respond to of 10072
 
Linda/All.....two observations about e-broker bottlenecks

1. It's not just the e-brokers. Almost every time I called my 'real' broker this week seeking service, I got serviced instead. Although I'm well up for the week (so far :-)), I 'lost' TONS because of delays.

2. The article cited in your post claimed that 20 percent of e-trades are made in first 30 minutes of market day (based apparently on yesterday's news). If true, there must be a way for active traders to take advantage. If anyone has a clue.....

Bonus thought.....buy networkers that move data. We are going to be 'forced' to do most business on-line in the future (witness Delta Airlines new rules on ticket prices announced yesterday.....now go to the Delta site and see how easy it is to make an informed choice for a trip you might be making in a few weeks.....be sure you have the best fare available from all airlines. Torture!).



To: Linda Pearson who wrote (5897)1/15/1999 3:44:00 PM
From: Tom Carroll  Respond to of 10072
 
OT e-brokers

Linda and all,

Here's another site that does a comparative
review of online and discount brokerages.
Somebody supplied this site address on
this thread (or maybe the old mainline
IOM thread) a while back, the last time
this issue surfaced. Good luck.

sonic.net

Cheers, Tom (long IOM)