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Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?

To: Claude who wrote (19534)	4/2/1999 9:42:00 AM
From: PMS Witch	Read Replies (1) \| Respond to of 74651

Off topic: Canadian discount brokers. I used Gardnier before TD bought them out to establish GreenLine and have been with them ever since. Over the years, I've seen them improve quite a bit. I'm quite happy with GreenLine itself, but their integration with TD bank has made their service even more convenient. Happy Easter, PW. P.S. You can get around their online trade limit of C$500,000 by breaking your order into pieces. They calculate commissions as if it was one trade and show it on one slip. ($30 per 1,000 shares) P.P.S. The first trade I ever gave GreenLine was a MSFT purchase.

To: Claude who wrote (19534)	4/2/1999 10:24:00 AM
From: t2	Respond to of 74651

OT-Bank of Montreal Investorline is the best for certain kinds of options trading. You can't offset exchange rates like greenline but if you want to buy very speculative options on for example Microsoft calls, it puts a cap on the amount of commissions it will charge. If for example you want: - buy calls on MSFT ---way out of the money---costing 1/16 per share You could buy 320 contracts with a limit on the maximum commision charge. I believe it is a little over $40. This only applies for trades less than $2000 US$. This applies to total purchases of the same security for the entire day. If you go over $2000, you will get charged the normal options rate and have to pay a few hundred dollars commisionon trade on a trade that is just over $2000. Conclusion: If you have a feeling of a sharp move in a stock and options under 5/8 are available, I would buy through investorline and keep total value of trade to under $2000. I don't really do this anymore and that is why I am with Greenline now. This is how I made money last year on MSFT, big money!!