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Non-Tech : AMERITRADE HLD A (NASDAQ:AMTD)
AMTD 0.980-1.0%Feb 6 9:30 AM EST

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To: Douglas V. Fant who wrote (98)12/3/1997 12:25:00 PM
From: Bipin Prasad  Read Replies (2) of 1848
 
Doug and all,

As you all know that it took me over 25mins to put one order
this morning. Later Ameritrade called me because Steve put
buy instead of sell for orq 27.5 naked put to sell.

So I had to go through this one again. This is how I could put
one order : * I told all of following agents that I'm reporting
this on internet up front. *

10:36 am : John from Ameritrade answered the phone and had to
transfer to somebody because I was "on line" customer.
10:39 am : I was on hold because "all of our agents are busy..."

10:42 am : Flitz tells me all kinds of misinformation,
ei, Flitz : "Oh that's orqay (orq jan call)"
I : "no I want dec puts."
Flitz : "That's orqmy (orq jan put)."
I : "No, that should be orqxy, I want to
sell orq dec 27.5 naked puts. m is for
Jan, I want dec."
Flitz : "I have to transfer your calls to tech
support or trading...."
10:45 am : I was on hold for about one min. Bill says strange
things. ei, "your order is in." even before I told
him what I want to. "aqt is in...."
I : "Wait, I want to sell orq dec 27.5 naked put.
What are you doing with aqt ?"
Bill : "No I'm not doing anything. I'm just saying that."
............

At the end I asked him if he was charging on line rate or phone rate.
Of course, phone rate.

I told him on line Ameritrade has bugs for 27.5 and 32.5 option. So
We have to go through phone. ......, He agreed to take care of the
fee. But that's another story. I have to wait till I get the bill.

It was 11 am(ctm) = 12 in NY. My one lousy order I started 10 mins
before market opened is finally in now. Hope I make tons from this
order. 8^)

regards,

BPP
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