America On-Line (AOL) Message Board

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Technology Stocks : America On-Line (AOL)

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To: Annette who wrote (29999)	8/24/1999 3:41:00 PM
From: Detail-MD	Read Replies (3) of 41369

ANNETTE. Could you help me with a question regarding a trade confirmation? I lurk a lot on this thread but haven't posted for a while. I put in a market order for (2) AOL SEPT 100 CALLS. Just as I did, my QCHARTS showed a HUGE spike in AOL common. Did you see it too? Well, my market order came back that they sold for $17. The bid just before this was about $5 1/2. I got a confirmation alert from etrade and the balance showed up in my account. When I called to confirm the trade, the broker kept me on hold forever and finally came back and told me that the trade @ $17 was "reported in error" but he didn't know what the executed price was. He checked with a "specialist" (not sure what he meant-floor specialist at CBOE or internal etrade specialist) and he could not find out what the executed price was. It sounds like someone made a mistake and now they are trying to cover their a**. This has never happened to me before. Do you think I can hold them to the reported price of $17 ???? Thanks for your time. -Steve

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