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Non-Tech : Ameritrade

AMTD 1.030

-1.0%

Jan 12 3:59 PM EST

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To: Jan Robert Wolansky who wrote (172)	5/25/1998 2:49:00 AM
From: Gil Gilbertson	Read Replies (2) of 513

Too many times I have lost out using limit orders. I could have owned a stock if I had used a market order, but in trying to save a nickel, I missed the boat. The only place I use limit orders are before the opening bell for protection against a wild buy like ENMD when it closed at 12 and opened at 80. When TSCN made a move to 9 7/8 on the close last month, I offered 1000 at 11.5 limit for the opening bell. AMTD filled my order at opening price of 13.125 I thought that was great. I am having no problem with delayed confirms now. The only remaining problem doesnt affect trading. They still have to remove group quote lists when traffic flow is heavy. They assure me that will be cured by July....I really find their new format to be very convenient and I love to be able to pull up both stock and option quotes on extended basis from my quote list. Gil

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