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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Knighty Tin who wrote (56277)	4/16/1999 8:08:00 PM
From: accountclosed	Read Replies (1) \| Respond to of 132070

Did you win at the track?

To: Knighty Tin who wrote (56277)	4/17/1999 11:49:00 AM
From: Ramsey Su	Read Replies (1) \| Respond to of 132070

To Michael and other pros on this thread: a general question on how brokerages work. Do brokerages have different classes of clients? If yes, is it based on $$$ or trading volume or number of trades or broker is brother-in-law? If yes, what are the privileges or benefits of the higher class clients? Could it be IPOs, lower commissions, special phone numbers, priority execution, etc? Regarding IPOs, how do discount brokers get their hands on shares from the underwriters? Thanks in advance. Ramsey