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Strategies & Market Trends : From the Trading Desk

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To: brad heffler who wrote (4072)	1/14/1999 9:27:00 PM
From: Monty Lenard	Read Replies (1) of 4969

Hi Brad, "For 5 hours, I tried to confirm my purchase." Let me tell you a story about Yamner yesterday. I called to buy one that was 9/16 bid 11/16 ask. I am on the phone with Steve. After a few seconds he says he doesn't have a confirm yet (I think NYSE was having a problem with Super Dot) but Steve says he knows he has me at 11/16 and can maybe get me in at 5/8. I know they are busy and it was one I was planning on holding overnite at least so I tell him just to email or ICQ me a message when they know the exact price. Anyway, a little while later I get a phone call from Yamner to tell me that the email had been kicked back to them for some reason but that I was in at 5/8. Now how is that? Not only do I get email sent but I get a phone call on that kind of day to tell me the email came back and to confirm my order! You know why I hung up without a confirm? I was not worried about it because Steve said he could get me at 11/16 worst case. I had no doubt in my mind that I was in (worst case) 11/16 and if I had wanted to sell it 10 minutes later I have no doubt that I could have because that is the kind of people you are dealing with at Yamner. I TRUST THEM! FWIW Monty

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