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Non-Tech : Datek Brokerage $9.95 a trade

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To: Tom_ who wrote (12275)5/25/1999 2:55:00 PM
From: Morpher   of 16892
 
Here is another article. At least now we now Datek's priorities.

Datek Raises $300 Mln in Private Financing for Ads
bloomberg.com

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The money will be used to start an advertising campaign to better compete in an industry where transactions are growing at about 10 percent per month.
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The company had planned to spend about $50 million on ads this year, and will ''ramp that up significantly'' because of the new funds.
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