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Non-Tech : Datek Brokerage $9.95 a trade

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To: Rene Madsen who wrote (9068)7/13/1998 12:17:00 PM
From: Mama Bear  Read Replies (1) of 16892
 
EGGS has been moving quickly all day. I put in a market order to buy with the ask at 27 3/4. It sat for 5 full minutes before executing at 27 9/16. The computer refused to accept my cancellation, and just left my in ?-Day limbo. EGGS dropped to 27 1/4 during that 5 minutes, luckily it bounced over 28 where I was able to sell it. The buy happened after it hit 27 1/4, and well after I hit the cancel button. I have cancelled market orders with Datek before.

Barb
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