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Non-Tech : Datek Brokerage $9.95 a trade

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To: Spots who wrote (11751)4/27/1999 11:18:00 AM
From: peter michaelson  Read Replies (1) of 16892
 
Hey Spots:

That is funny!

Still, if we think of Datek as a computer it makes sense. You get great executions (usually) for a very low price. Very efficient.

However, when it comes to special situations it's not very good. The oddities like yours are generally fairly trivial. It does undermine one's confidence, but if you think of Datek as a big computer it makes more sense and restores some confidence.

BTW, I am not a big defender of Datek, just trying to figure it all out.

Peter
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