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Strategies & Market Trends : From the Trading Desk -- Ignore unavailable to you. Want to Upgrade?

To: steve goldman who wrote (4086)	1/17/1999 3:41:00 AM
From: sergio	Read Replies (1) \| Respond to of 4969

Waterhouse bought Kennedy & Cabot. I am not sure where the problem is but as a dissatisfied K&C customer, I am not doing any trading with Waterhouse either. Just a general question Steve, how late can I as an investor give an exercise order on expiration day, even though technically its Saturday when it expire? Schwab tells me prior to 4 est. Lombard same thing. But I suspect this guys are not telling me the truth or don't know the rule either. And being in the west coast, I would think the exchange would allow exercise until 5PM est. I have this dilema of giving an exercise order because there is a chance that it will go below the strike price and I get stuck with a position buying at strike price while underlying had gone below (I am referring here to a call off course). Can an order of exercise if above the strike and not if below? Thanks, Sergio

To: steve goldman who wrote (4086)	1/17/1999 6:09:00 AM
From: Michael Quarne	Read Replies (1) \| Respond to of 4969

Hello Steve, What is or do you have a minmum startup balance? My Daughter doesn't have much to invest with and would like to follow Daddy if he moves. Michael

To: steve goldman who wrote (4086)	1/18/1999 10:13:00 AM
From: brad heffler	Read Replies (1) \| Respond to of 4969

Steve: Thanks for your response. A few more questions if you don't mind. What is the margin interest rate that your firm charges? Also, can orders be placed late at night or early in the morning? In other words, since you cannot place orders online, are there brokers there during extended hours in case you wish to place in order? Also, I would like to know the fastest way to transfer an account from Waterhouse to your firm. I looked at the online forms and I am not sure about the difference between using the ACAT form or the DTC form.