SI
SI
discoversearch

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.
Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?


To: freeus who wrote (122220)5/4/1999 4:07:00 PM
From: David Harker  Read Replies (1) | Respond to of 176388
 
OT-Brown

>can you trade on line fairly smoothly near the open and close
>too and if not can you trade on the automated phone service
>(also low cost) fairly easily?

I've only noticed slow web perf. on open, not close. I've done
several trades right at the close, was amazed that they went
thru (my watch showed 2:59pm, cst). I don't use their web
site much in 1st 30 min, if I have plans to buy at open, I
enter limit orders well before the open. For example, in
the last few months I've bought more dell 4 times, some of
those were after weekends full of "bad news for PCs", ie,
the recent CPQ ceo leaving, etc. Since I don't know how low
Dell will open, I enter several limit orders at various prices,
such that the lower it opens, the more I get - of course,
I stay w/in my capacity to buy. For ex, if dell closed on a
friday at $40, then bad news on wkend, I enter:

limit buy 100 dell at 37.5
limit buy 100 dell at 35
limit buy 100 dell at 32.5

and I've had very good results w/ Brown w/ these fills.
So, I am trading at the open, but w/ pre-specified orders that
don't depend on web site even being up.

Overall, I'm happy w/ Brown - have had many price improvements
on my limit orders, I've had them check on prices I've gotten and
they quickly call the MM while I'm on the line, & get back to me
w/ more info (I was on hold while they talked w/ MM) - they
definately try to please you, in my experience.

EDIT - best thing is, they treat you like someone who has a clue -
very few limits on things that lots of brokers are now starting
to limit (ie, doing options in IRAs, super-high margin limits on
internet stocks, etc). I don't do options, but I still like
them treating me like an adult, not like an ignorant child.

I don't use the phone option, sorry.