[plug] Red Hat Shares non-offer

[John Summerfield]

> 
> I asked a local stockbroker about this last Wednesday. The answer was,
> pretty much, "you need $10,000 US before the US brokers will take you
> seriously and pay attention to you.".  He would have tried to get some
> shares, but the cost would be in the $200-$250 AU range for the transaction
> (and the same to sell them), so I didn't bother.
> 
> It looks as if there isn't a method of buying US shares from Oz - unless you
> try something like the Commonwealth online service, but they want $10,000 AU
> on deposit first !
> 
> Electronic share trading? Bah, humbug !

E*TRADE is an American company with an Australian operation. There was a 
report (in Shares, I think) a while ago that they were planning to allow 
their Australian customers access to US markets.


-- 
Cheers
John Summerfield
http://os2.ami.com.au/os2/ for OS/2 support.
Configuration, networking, combined IBM ftpsites index.