Enron Mail

From:jeffseely_017804@netstock.customer-email.com
To:sshackl@enron.com
Subject:Important ShareBuilder Pricing Update
Cc:
Bcc:
Date:Thu, 29 Mar 2001 11:23:00 -0800 (PST)

Dear SARA,

Beginning May 1st, ShareBuilder will introduce a new fee structure for our
basic services. Single recurring transactions will cost slightly more, while
other prices will drop. Many of you have asked us to cut our prices for
Real-Time Trades and I'm pleased to announce that we're doing just that. In
addition, we are cutting the fee for one-time (non real-time) ShareBuilder
transactions as well. And later in May, we will introduce a new ShareBuilder
subscription option, where for only $8 a month you can take advantage of
unlimited ShareBuilder purchases!

WHAT'S THE NEW PRICE STRUCTURE?
On May 1st, the standard recurring transaction fee will change from $2 to $3
(and from $1 to $2 for custodial accounts). We are also reducing several
fees directly. To simplify our structure, we are cutting the fee for
one-time (non real-time) ShareBuilder transactions from $5 to just $3. We
have also listened to you about Real-Time Trades, and have reduced the fee
from $19.95 to $15.95. Here is a summary of the changes:

* All you can Build - New! $8
* ShareBuilder transaction - from $2 to $3
(Individual, Joint or IRA)
* ShareBuilder transaction - from $1 to $2
(Custodial)
* One-Time ShareBuilder transaction - from $5 to $3
* Real-Time Trades - from $19.95 to $15.95

Not only are we offering you a less expensive way to diversify your
portfolio, we've also lowered our prices for those investors who purchase on
a one-time basis or trade Real-Time. All you can Build will be the least
expensive way to build a portfolio of stocks anywhere. While we want to
encourage diversification and recommend the subscription plan, paying per
transaction can still make sense for investors purchasing just one or two
stocks in their ShareBuilder Plan.

STAYING THE COURSE
The market has been incredibly tough for all of us during the past several
months, but we all know that we still have to invest money to get ahead in
the long run. While the effect on our portfolio values has been depressing,
cycles are normal, and the prudent way to smooth the effects is to keep
investing equal dollar amounts. Holding to a strategy of dollar-cost
averaging across a diverse group of stocks is exactly what investors should
do to minimize their market risk over time. In a market rebound, today's low
prices will look like bargains in comparison. We hope that giving you the
best tools possible to invest wisely will position you and your investments
to succeed. I believe the All you can Build feature will be a big help.

Sincerely,


Jeff Seely

President and CEO
ShareBuilder Securities Corporation

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Copyright 1999-2001 ShareBuilder Securities Corporation, a registered
broker-dealer and Member NASD/SIPC, is a subsidiary of Netstock Corporation.
ShareBuilder is a trademark of Netstock Corporation. Patent Pending.

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