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Non-Tech : Datek Brokerage $9.95 a trade

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To: Len who wrote (9793)9/24/1998 4:14:00 PM
From: RealMuLan  Read Replies (1) of 16892
 
<<Being the cynical type with regards to Datek, my guess is that they have finally been busted by the investigators that have been poking around there for months, and are being forced to buy back shares that they never had authority to sell. >>

That is what I thought too. Datek finally forced to clean up their house. They have been shorting the shares which have never been borrowed for so long. KTEL was one standing-out example, and Datek got punished for that.
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