Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?

To: max power who wrote (28735)	4/17/1999 5:00:00 PM
From: Sosmartinov	Read Replies (1) \| Respond to of 90042

I know some "VIPs" (smiles please) on this thread don't like IOM but you have to wonder why a stock that will go down 10-20% because of nothing more than a rainy day didn't move and in fact went up a little when they reported flat earnings.....and the vol wasn't trivial. OK , OK so it's still IOM but if it doesn't tank on MON, I'd keep a close eye on it. And just so you won't think I'm totally off the wall, CEPH (my opening gambit to the thread) is now up 30% and I think just beginning to rock. I mean after all there will be life after Fore.

To: max power who wrote (28735)	4/17/1999 5:01:00 PM
From: Glenn	Read Replies (2) \| Respond to of 90042

Thank's for the input. If I were home all of the time, I would go 100% Watley though. I think I will give this one a spin: * * * * * (five stars) Brown & Co. (1-800-822-2021): Strong points: low $10-$5 commissions, low 5 1/2% to 6 1/2% margin rates, fast executions, excellent customer service, free IRAs, low rates for options, and real time quotes. Drawbacks include: its $15,000 account minimum, and other stiff qualifying requirements. Limit orders (online, touch-tone, broker-assisted): $10 for up to 5000 shares, then .01/share for the entire order; $110 for 10,000 shares. Market orders (online,touch-tone, broker-assisted): $5 for up to 5000 shares, then .01/share for the entire order; $105 for 10,000 shares. Broker-assisted & touch-tone: $17 (limit) and $12 (market) for up to 5000 shares, then add .01/share for entire order. Options (limit orders): $15 + $1.75 per contract ($25 minimum). Assignments: $19. Options (market orders): $15 + $1.50 per contract ($25 minimum) for up to 30 contracts, then $1.75 per contract. Spreads OK. Margin rate: 5 1/2% to 6 1/2%: brokers call less 0% to - 1% (very low). Account minimum: $15,000. Other requirements: an income of at least $40,000, net worth (exclusive of real estate) of $50,000; and 5 years of market experience. IRA annual fee: free, no setup fee, closing fee not known. Options allowed, but no spreads. Real time quotes: 100 free per trade. Perks: 10% rebate if your commissions exceed $350 in any month. Checking accounts @.99/MO fee; $250 check minimum. Restrictions/warnings: no foreign accounts. No accounts without 5 years experience even if you're a millionaire; see report. No mutual funds. Overall service rating: Excellent. Comments: Founded in 1960. For many years now, Brown has combined low rates with excellent service, made possible with very high and demanding entry requirements. Brown does not want the poor and/or the inexperienced. One client tells us that, once you've opened an account with your $15,000, you don't have to maintain it at that level. Most clients praise this firm's service and excellent executions, and its online service has reportedly improved. SmartMoney magazine (July 1997) ranks Brown as tops in the phone-call trading costs category, but otherwise low overall (18th out of 21). Kiplinger calls Brown "best for margin rates.(11/1/97)" and more recently (Oct. '98) as "best for commissions." Affiliated with Chase Manhattan Bank. Some clients put this firm down, but not very many, and not very often.