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Technology Stocks : Y2K (Year 2000) Stocks: An Investment Discussion

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To: Risky Business who wrote (13588)1/17/1999 2:51:00 PM
From: P. Ramamoorthy  Read Replies (1) of 13949
 
Risky - ***off topic ***
I do not give advice. I can share some experience here that may be of help. Market orders can be tricky, depending upon:
(1) whether you used a limit order
(2) where your Schwab's order was placed in the queue on MM's screen on that day for that stock
(3) how active the stock was during that period while you were waiting. Limit orders have a lower priority.
On Internet stocks or fast-moving stocks (up or down), since they are so volatile, brokers have several restrictions.
Discover Brokerage (former Lombard?) ranked No. 1 for on-line trading, according to Barron's articles. Now and then, I do not get the price I like. If it takes longer than usual, I cancel those market orders. Ram

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