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Non-Tech : Datek Brokerage $9.95 a trade

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To: jim A who wrote (5800)11/5/1997 11:41:00 AM
From: CHUBfitz  Read Replies (2) of 16892
 
Can anyone explain this: I have no current positions.....all cash.....not margined.....nada......yet, Datek is allowing me only 15% of my cash as "available cash" in which to trade. Are they trying to confiscate 85% of my cash?

It will come as no surprise to most of you that I have been unable to speak to a human being at Datek. So I am appealing to y'all.

Thanks.....

CHUB
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