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Non-Tech : Datek Brokerage $9.95 a trade

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To: nick nelson who wrote (11616)4/14/1999 3:30:00 AM
From: Marc Newman  Read Replies (1) of 16892
 
Yes, I just pay the money for the overnight delivery now. Worth the money to not have the aggravation of not knowing when the check will come. Meanwhile, my other account (DLJ) gets me a check through the mail in two days. Of course their accounts get updated at night, not real-time, so there is a disadvantage there. And Datek has a superior margin interest--however, my beloved TAVA is still non-marginable. Like NITE, it is not on their list of special requirement stocks. But there it was at $6 today and still NM.

Really ruining a lot of my trading plans--killing me and I'm ready to cut my account back at Datek since TAVA is a nice big pct. of my holdings.

Marc
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