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Non-Tech : Waterhouse Securities

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To: Julian Chen who wrote (208)11/4/1997 7:24:00 PM
From: Mark Davis  Read Replies (1) of 2076
 
Welcome to the wonderful world of brokerage doublespeak. Stock trading is not rocket science, and the performance of the street this Tuesday was pitiful.

No excuse for a confirm 6 hours after the trade. They lied twice, saying it was cancelled, then delaying the confirm well past a reasonable timeframe. Waterhouse, and the rest of them need to clean up their act or get out of the electronic trading business.

Fight this one, Julian.

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