Datek Brokerage $9.95 a trade Message Board

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Non-Tech : Datek Brokerage $9.95 a trade

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To: Peter Stern who wrote (9394)	8/12/1998 10:51:00 AM
From: Rene Madsen	Read Replies (2) of 16892

Peter, not only do you have the nerve to come in here and hype Dateks servers as "silly fast" ... when a LOT of customers reply to you that they see things differently you don't even bother to reply (at least not in public). Today I have again had an "open day" issue for several minutes where it was marketable until it started to decend. After it had dived considerable under what my target price was i decided to cancel my order which was stil "open day" (reloaded the page several times to make sure). AS SOON AS I HIT CANCEL "SUDDENLY" THE TRADE WENT THROUGH. This is not a one-off occation. It looks like a SCAM! Are you just waiting to see how far down you can get away with buying it off the market to be able to sell it to your customer at the top of his limit price? In my case i had a limit price of 45. At the time the sale was confirmed (when I cancelled it) the ask was 44 1/4. 3/4 to the ISDL MM? No wonder Datek can afford all those flashy adds.

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