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Non-Tech : Datek Brokerage $9.95 a trade

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To: Jack Zahran who wrote (5507)10/21/1997 11:15:00 AM
From: Crabbe  Read Replies (2) of 16892
 
While Datek may have posted an err to your account it is apparant from your discriptions of that problem that you tried to profit from their mistake, a violation in and of it self of your account agreement. Were you totally blaimless I would have more sympathy for you.

Your campaign to damage Datek is no better than my being their apologist Your mission in life seems to be a vindictive attempt at damaging Datek for your own stupidity. If my bank were to make an error similar to Dateks error in your account, in my account and i spent it as you did (ie sold that stock), I could be held criminally liable. What makes your situation better than the hypothetical bank situation, and what makes you better than Datek. You knew it was in error, if you didn't you certainly should have, or don't you keep records of your trades. You claim you thought it was a stock dividend. Don't you know when stocks you own declare dividends, splits, etc. If you don't again you should.

Datek made an error in your account, they detected the error and they fixed it. That made you short on a stock that you sold thinking Datek wouldn't catch the error.

Am I wrong???? I think not.

Rod
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