E*Trade (EGRP) Suggestions (NOT FOR FLAMES!!) Message Board

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Non-Tech : E*Trade (EGRP) Suggestions (NOT FOR FLAMES!!)

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To: Yogi who wrote (69)	8/11/1997 11:32:00 AM
From: Howard Bennett	of 118

Yogi: I think that you are smart to switch to some other e-broker, ETrade Customer Service and their servers have been bad since I joined 1 year ago. I'm not familiar with Datek....but would like to know more about them. Account transfers are easy -- just fill out the Account Transfer form with your new broker. Any easy way to do the transfer -- the easiest way (I'm guessing) is to sell everything you have at ETrade and go pick up a check from them. From the ETrade Sucks thread on SI -- I gather that Etrade has been dragging their feet when it comes to processing account transfers...and thus it can take some time (1 month or more) to get the transfer done. Regarding Lombard...a friend of mine has an account with Lombard. He says that Lombard has problems (at times) with their Tele-Broker system...but their servers via the WWW seem to be less flakey than ETrade. Hope this helps. I don't know whether to switch my account back to Schwab or Lombard or Datek. They all seem to have some faults -- with ETrade leading the fault pack -- in fact...way out in front.

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