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Non-Tech : Waterhouse Securities

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To: margin_man who wrote (1418)	7/7/1999 6:13:00 PM
From: James F. Hopkins	Read Replies (1) of 2076

Thanx MarginMan; So far it's been more in the way of aggravation than any thing else , all in all I get about as many breaks as I do hits, and I don't expect them to be perfect. I'v lost a few dollars on a few deals, but also got improvements from time to time, and like I said the one time someone stuck me with a stock after the bell I wound up making out and getting the last laugh. When I thought that over heck I actually got it for what I bid even though it didn't price there till the next day. But any way I would have looked dumb complaining, particularly as I didn't discover it till I got the tender offer. At this time I think with all the new sign ups they are in a bind to find enough experienced help. ------------- The thing were you can get a ( limit ) trade taken back if the tape don't wind up printing that low is something we have to live with. ie the market marker gives the conformation but can then cancel it if it never trades below that, then resets the low for the day. I didn't know about the rule but they quoted it to me number and all. It don't happen that often, & If we kick on it then conformations could take hours. They have to give the MM a way to cover his rear. Jim

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