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

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To: Bikergirl who wrote (83)10/20/1997 9:50:00 AM
From: pcyhuang   of 118
 
Another mistake by Etrade

Hi, Option King:

I appreciate your comments about Etrade's new option agreement.
However, they just made another error in my option trading account.
I have 20 Apple Oct 20 call options written against 2500 shares of
Apple Computer in the account. The options expired Friday and closed
at 1/8. So my 2500 share stocks should have been called and not shown
up in my opened position as of the market's opening today. But the
shares are still there, though I have received a message that 24 out
of the 25 options have been assigned to my account. This is just
another example about the very poor quality of Etrade's operating
staff. Its personnel just doesn't have the necessary exprience or
knowledge to conduct its business in a professional manner. I just
wonder where are their supervisors? I think the best way to correct
all these problems is to file a complaint with the SEC in Washington.
What do you think?

Best regards,

pcyh

--
Please visit "Huang's Investment in Special Situations"
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