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Non-Tech : E*Trade (NYSE:ET)

ET 16.67

-0.8%

Dec 9 3:59 PM EST

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To: amic who wrote (5033)	2/8/1999 4:46:00 PM
From: DavesM	Read Replies (1) of 13953

Hi, Uri & amic I don't trade with an online brokerage (well actually, that's not entirely correct, had one in Oct 87 - couldn't get through, and closed the account). And have been looking around lately to maybe open one. Re: Buying stock in a cash account and limit orders - I think I have always been able purchase stock from a cash account even if I didn't have enough money in that account. I thought that you have up to the settlement date to pay for the stock (maybe Etrade is different, I don't know). As far as placing limit orders, most brokerage firms I have dealt with don't(or at least didn't like to) place limit orders for odd lots (45 shares), though once again maybe Etrade is different (or I was misinformed). Placing a market order seems to be like pulling the trigger on a gun - its hard to put the bullet back as its moving down the barrel. Davesm p.s. Is it possible to get IPOs from e trade? has anyone?

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