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To: Berney who wrote (5440)	2/9/1999 1:52:00 PM
From: MonsieurGonzo	Respond to of 11051

Berney; RE:" phleet " Congratulations to you and Paul ! I had orders spread out underneath starting at 43-9/16 but, awoke to see the gap-up and knew you two had rung the bell once again (^_^) >Hard to believe that the S&P actually slipped negative for the year for a brief time today... ...they're talkin' about "-10% correction" now; I think the INX.X - indulgence index will bear the brunt of the negative mo, though. The TECHs and many BigBoys have now fallen sufficiently to motivate some remaining holders to bail out on any positive mo. There was a lot of interesting info about brokers on that website, TB; have you had an opportunity to study it yet ? -Steve

To: Berney who wrote (5440)	2/9/1999 2:09:00 PM
From: Jurgen Trautmann	Read Replies (2) \| Respond to of 11051

more about brokerages... Steve, I moved from Dreyfus to CompuTel because PBS didn't get security running and forced me to trade Dell-leaps via phone. It's nearly impossible for me to communicate in English complex stuff - of course by far harder speaking than writing. Dell-leaps are expensive stuff, and I just couldn't stay this situation - remember, often enough traders are not accessible, lines are bad or traders doesn't speak US-English but Texas-English (g). What American guy can communicate in German with an Bavarian or with DJ (g)? OK - just one week after I drew away about 400k US$ from Dreyfus, they changed their minds: it was (again) allowed to trade Dell-leaps through the net, and my browser showed a golden key. (actually I use MS IE 4, but I don't now the English word for this symbol there...) First the (Computel)-promises (German speaking agents in near future) and $24 per trade + $1 per contract seem attractive - but they add a handling-fee of $2.50 to each order, and you (normally) cannot order more than 50 contracts (or 20k principal), so that you hardly can take profits from the "better" conditions. However, I will return to Dreyfus as soon as I have a legal address and a "home"-account with a bank here in Netherlands - it's a lot of paperwork when you move, I think, you know that better than me. I check several alternative brokerages again and again, read the comparison-tables, reports and so on. But my main-business ("investing" leaps) depends on not too high commissions on option-trades - and (except Dreyfus and Computel) there is nothing what you could pay. But fair commissions are not all I need - so is Computel not able to route my SAP-options to CBOE (except via "life"-broker), and this meant 1/8 difference in the price - a lot of money when you're holding 600 contracts. Computel is not generally "bad" - it's just not professionell, every can visite their site and "enjoy" how the homepage is loading during "minutes" cause of sh** decoration-stuff. Some day I have to handle a dozen or more orders as quick as possible - neither Datek nor Computel nor Dreyfus can that handle satisfying; but E*Trade, Discover and others were by far slower when I visited their sites - even outside the hours. Every can check that I never recommended Computel - and I confirm this missing recommendation with all my heart. I frequently recommended Datek for Stock-investors (NOT for day-traders) and Dreyfus for every handling of equity-options, and that's still true in my humble opinion. That's enough, n'est-ce pas? Friday Clinton should be "free". Ergo: Next week my friends in US will buy again like stupid (that's I hope...). I'm 30% "in" (Spätzle, C and KO), stay and wait till Feb 26th (Michaelsday) - if we will not see some rescue till then, I'll dump all and wait for the easterhazy. Happy trading! Jury