BUSINESSWEEK ONLINE : MAY 24, 1999 ISSUE
COVER STORY

'A Diversity of Thought'
ROBERTA MEYER: Schoolteacher

Roberta Meyer is an old-fashioned buy-and-hold investor with just under $1 million, mostly in fixed-income instruments and mutual funds. But when researching investments, she is on the cutting edge.

Before work, the 56-year-old health-careers teacher at Miami Senior High School drinks her coffee at her PC. She darts in and out of bulletin boards and sites including fundsinteractive.com and fundalarm.com. She also posts messages seeking advice. For example, she recently shopped for value investments to balance a portfolio that had grown lopsided due to the strength of growth stocks.

Then, Meyer checks performance data at Morningstar.Net, confers with her husband, Samuel, and places orders online or by phone with Charles Schwab or Fidelity. The value search led her to 3M MMM, General Motors GM, and Washington Mutual Investors Fund. Meyer occasionally buys stocks online at Fidelity. Two winners: AT&T T and software maker Omega Research.

Meyer says the Web makes her a better investor by exposing her to ''a diversity of thought.'' Yes, ''some of it is garbage.'' But with her portfolio up 26% in 1997 and 30% in 1998, Meyer considers her time investing online a worthwhile education--high praise from a teacher.

By Anne Tergesen

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Your Guide to Online Investing

COVER IMAGE: Our Guide to Online Investing

CHART: The Biggest Online Brokers

TABLE: Broker Scoreboards

TABLE: Online Brokers That Meet Your Needs

Gotta Do the Legwork

``A Diversity of Thought''

Testing the Waters

Commentary: Why Old-Line Firms Need New Online Tricks

TABLE: Full-Service Dream

The Right Tools for the Right Trades

Street.Cop

TABLE: Smart Investing on the Web

TABLE: Web Resources for Online Investors

Rocket Science Made Simple

TABLE: Quant for a Day

How to Seal a Great Bond Deal

TABLE: Where to Buy...And Get Info

What to Read: The Good, the Bad, and the Terrible

TABLE: Wired-Up Investing Books

Investor Beware of Web Talk

TABLE: Separating Fact from Fiction

TABLE: Cross Checkers

Smells Fishy? Tell the SEC

This EDGAR Is a Real Know-It-All

TABLE: Searching the SEC

Commentary: Analyst Calls: Let Investors Listen

TABLE: Calling All Netizens

The Barker Portfolio: A Battle Plan for Accidental Investors

Inside Wall Street: Wells Fargo Online

CHART: The Rise Trails Other Banks

Inside Wall Street: Bidding for 3COM?

CHART: Prior Takeovers Fizzled Out

Inside Wall Street: A TV-To-Net Linkup

CHART: ACTV's Rise Is Due to E-Commerce



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