1.   He and others were lured by the absence of any broker fees and the chance to be in early on a high-growth company.

2.   Holders of the DECS will receive interest payments and Salomon Brothers will get a broker fee.

3.   NCR will pay the transaction costs, making it attractive to shareholders who want to avoid paying broker fees.

4.   You may need to make a six-figure commitment to benefit enough to compensate for broker fees and other costs.