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Non-Tech : caution on discount internet brokers
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To: Kert who wrote ()7/10/1997 11:23:00 AM
From: Gene Klein   of 22
 
Datek - I just ran across this interesting comment =
Leroy,

I can't believe that Datek is being presented on your pages. They are
the most unreliable, unethical broker I have ever had the displeasure of
trading with. They use their customers to fill the island system with
orders for their watcher clients to capitalize on. If you try to sell a
stock at the open, you will NEVER get filled. There is no comparison to
Etrade whatsoever. Oh, they have this nifty little thing that appears
when you didn't get a fill, although you place an order at the ask, and
the ask didn't move, and you didn't get filled...its called "timed
out". I advise not to implicitly endorse their service for the sake of
your devoted clientele. Datek is the worst of the worst.

posted in - emporium.turnpike.net
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