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Strategies & Market Trends : Online Trading - An Oxymoron? (EGRP, AMTD, NBD, DLJ, SCH) -- Ignore unavailable to you. Want to Upgrade?

To: HG who wrote (32)	1/29/1999 1:23:00 AM
From: Gil Gilbertson	Respond to of 50

Latest out of MS broker is that the biggies will soon announce free online trading accounts for fixed annual asset fee.. These will provide all the in and out selling and buying you want with just a few cents paper shuffle fee. If you dont trade you wouldnt want this account because it will probably be something like 1.5% per year....but it'll sure take the steam out of the Etrades and the AmTds, they cant match that....Tomorrow morning should see the proverbial double top in both of the hot online stocks , then] a distribution and wheeeeeeee.... P.S. I wonder if the biggies are shorting the heck out of the internet babies prior to their new program????? What a way to finance a new enterprise, Somebody better shape up in their service real fast..p.s. yes, I will be short...at 102 if it gets there