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Pastimes : ETRADE Sucks!
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To: Rob Thomson who wrote (1462)2/4/1999 12:01:00 PM
From: OFW  Read Replies (3) of 3262
 
CAUTION TO EVERYONE:

I just checked all of my messages from this morning - I had placed a sell at a limit price early this morning. After no confirmation I entered a cancel of the order. Normally, if the prior order was executed the cancellation request would be rejected. However, today ETrade processed and executed BOTH orders to sell, created an "oversold" position - that means a short position for us laymen.

I just rebought the shares (luckily at a lower price). I would advise all of you who may have similiar trades this morning to double check your message carefully for possible double executions.

Offie
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