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Technology Stocks : Amazon.com, Inc. (AMZN)

AMZN 220.65

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3:44 PM EST

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To: Robert Duncan who wrote (10526)	7/15/1998 9:16:00 PM
From: Glenn D. Rudolph	Read Replies (1) of 164684

Anyway, is this sort of thing normal? Etrade has done this to me before, but never with an execution this late (1 1/2 hours) at a price much higher than I ever intended to pay! It is just ridiculous that this happened - but my question is is Etrade responsible for this or can trades really take 1 1/2 hours to fill??? (At, I might add, a price that just happened to be the HIGH during that time period) If any of you have some advice for me I would appreciate it - maybe I am doing something wrong?? Robert, It is true that discount brokers are not known for good fills. There is another issue also. The SEC requires that the option trader immediatly execute a market order for the first 10 contracts or less at the current market price. One you place an order for 13 contracts, the option trader is not required to do an immediate fill. I know that does not help your situation. For the future if you want to do more than 10 contracts, do 10 and then the rest as a separate order. I do that all the time and execution is immediate. Glenn

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