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Non-Tech : Web Street Securities (WEBS)

WEBS 20.07

-3.2%

Nov 28 4:00 PM EST

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To: Fred Puppet who wrote (110)	11/26/1997 9:49:00 AM
From: Fred Puppet	Read Replies (2) of 1339

[ Score Unchanged: WebStreet 1, NDB 2 ] In my trial evaluation of WebStreet, I am duplicating orders placed at NDB, and comparing execution. Neither broker was useful for today's test trade of short 2,000 HCOM. I placed the orders at 9:25. My order at WebStreet was rejected, because they could not find shares to borrow. NDB had shares available, and I limited at 8 5/8. Trading opened at 8 5/8 x 8 13/16. I was not filled. Further, the ask of 8 13/16 indicates that my order wasn't represented. Since neither broker scored today, the total is unchanged.

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