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Non-Tech : Datek Brokerage $9.95 a trade

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To: Jon Tara who wrote (11054)2/17/1999 8:28:00 AM
From: pae  Read Replies (1) of 16892
 
Quicken - waste of time.

IMO Quicken is less than useful for a significant volume of transactions. Having already learned that the hard way, I never attempted to use the utility. I hand enter the transactions into Excel as I make them (helps me manage when to bail <g>). When I reconcile with what Datek sends to the IRS, I can work with Excel. Quicken assumes too many things and just gets goofy. I print Sched D and D-1 lookalikes from Excel and transfer the appropriate amounts to form 1040 as needed.

So, IMO, the utility is a check-like fantasy on top of the fantasy that Quicken is something more than a dumbed-down spreadsheet with instability added in along with the sales pop-ups.

While I continue to labor under my own fantasy that there is execution-delivering substance under the Datek checking/option/Level2/mutual-fund/exchange/IPO marketing hype, I find the decision to ally with Intuit (a company with many ways to charge you over and over for the same technology) to be another worrysome sign.

Regards,
pae

PS I continue to find Super Express quite useful, thank you Jon.
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