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Technology Stocks : Ascend Communications (ASND)
ASND 209.15-1.5%Nov 20 3:59 PM EST

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To: John Meares who wrote (59236)1/18/1999 1:20:00 PM
From: Gary Metzer  Read Replies (2) of 61433
 
John et al,

Re : EVERYBODY I NEED HELP

>>After the Waterhouse SNAFU, where on Wednesday when I tried to call to buy ASND at the low stalled price, all i got was 'all lines are busy, call back later', then the system hung up leaving me with a dead line. I lost out on at least $10K - $12K dues to this Waterhouse incompetence.<<

You can do what I did.... Prior to the market open on Wednesday, I noticed from my real time quotes (DBC Signal) that many of the stocks were going to open substantially lower due to panic. Panic is the BEST time to buy. I use Schwab and placed several limit orders at just above where the stocks were trading at 15 minutes prior to open. Website ran fast, no problems, etc. This allowed me to make my buys and avoid the crowds and net slowness. If a person ends up buying 15 minutes AFTER the market opens on panic, why not just place the order BEFORE it opens and guarantee getting your price???

Gary

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