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To: Lee who wrote (93897)2/2/1999 9:39:00 AM
From: Yamakita  Respond to of 176387
 
Hi Lee, thanks for the note. US brokerages are tripping over themselves trying be the first into Japan. E*Trade has the biggest lead: they will open their doors in April (Japanese stocks/mutual funds only), and in August they will offer global trading, including US equities. In the book I am advising people to wait until August, until they can buy from E*Trade, just like we do.

SONY has even entered the securities business! Just yesterday DLJ announced a partnership with Sumitomo. Schwab is moving as fast as it can (I forget who they're teaming up with)

Also, I do believe that Citibank offers mutual funds/savings plans.

Of course currency and taxes are separate issues. But any way you slice it, just about anything beats the post office's 0.35 percent!

Take care.