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Non-Tech : Datek Brokerage $9.95 a trade

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To: henry jakala who wrote (13008)8/10/1999 11:53:00 PM
From: Marc Newman  Read Replies (2) of 16892
 
Wow, that is quite a post isn't it?

I was just going to add that having Datek hype the after-hours trading might be a good thing if it attracts people who are interested in it. Adds to the low liquidity.

Also, I wanted to note that there seems to be a bit of a change at Datek in terms of special situations. Some stocks I follow have either come off NM or NS. Why, I have no reason. One of them was an arb play and it seems like even in all-cash deals Datek makes the acquisition non-marginable. Not sure why, but CCMC actually came off NM last week.

Marc
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