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Non-Tech : Datek Brokerage $9.95 a trade

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To: EK who wrote (12688)7/13/1999 4:14:00 PM
From: Sir Francis Drake  Read Replies (1) of 16892
 
I know how you feel - when Datek works, they are great, the trouble is they rarely work anymore. And they seem to be having new problems - bad executions, which are absolutely unacceptable for me. The only reason I'm still here, is because of the - increasingly distant - memory of how it is when Datek works great. What I have done is to cut back dramatically on trading with Datek. I used to do between 20-30 round trips. No more. They have lost me as an active trader. And every time I try them now - which is increaningly rarely - I'm disappointed. I've already moved out half my money. I'm waiting for some of my trades to conclude, and I'll pull out the rest, except for a symbolic $2K or so. I'll keep trying to see if one day they come back to decent performance, but frankly, I'm not optimistic.

Morgan
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