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To: sonicburger who wrote (1514)	3/22/1999 5:22:00 PM
From: RADAR )))	Read Replies (1) \| Respond to of 2231

sonicburger: I have used Schwab for the last 15 years or so. Up until the last year or two they were the best thing going for an active investor. Lately that has changed. They just don't have the service for todays market. Have been waiting on them to catch up, but they just have not taken a step into the present yet. I think Level II should be offered by all of the first tier brokerages. Currently, I am setting up accounts with two other on line companies that are for professional traders. Both offer Level II AND trade prices far better than Schwab's. Have spent many hours discussing these problems with Schwab. They don't want me to leave (believe me) but seem incapable of making any commitment to keeping me. That is not good enough for the bonus I pay them at 30.00 per thousand. FWIW, It probably isn't worth taking possession of your certificates if you are only going to hold a week or so. If it was for longer term then I would agree. RADAR RADAR

To: sonicburger who wrote (1514)	3/22/1999 5:31:00 PM
From: Ken W	Respond to of 2231

Sonic, While Radar has provided an exact run down on float etc. One of the best descriptions I've ever seen, I'd like to add to it just a bit and perhaps save you some money. While ordering in your certs seems like a good idea it does little to reduce the shares traded. With all of the volatility in PQT there will always be plenty of shares to borrow for a short sell. The reason for this is that some folks are in and out of a stock so fast that there is no long term drying up of the available shares. If you own 1/2 of the float and wanted to call in your shares then I could see where it would make a differnce, but even with that, there are brokers out there that will "naked short" a stock that they feel they can make a profit on. Not saying that could happen to PQT as it would be pure suicide at this point, but it does happen, otc-bb stocks are famous for it. Schwab will charge you a fee for collecting the certs from the transfer agent and a fee when returned on your sale of the stock, thus reducing your profit even more than the 29.95, twice in commissions. I use Schwab also. I can't speak for Radar ,ggggg, but I use Schwab for trading as well as holding as there have been numerous times I've got in a stock at the very best price of the day, just because it was a Schwab order, than the "step in front" broker that will hang me up and end up with a much higher cost basis for a trade. Ken W