Goldman Sachs Group Inc. NYSE:GS Message Board

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Non-Tech : Goldman Sachs Group Inc. NYSE:GS

GS 774.45

+0.1%

Nov 21 9:30 AM EST

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To: Baudwalker who wrote (101)	5/6/1999 5:21:00 PM
From: kansas517	Read Replies (2) of 411

I did pull the trigger on GS and what happens is Datek offers 10 free trades. When I read that RT got 20 free trades, I called to complain and received 10 more. But since Datek is "relieving me" of the $2,300 profit I made on the GS IPO, I think 230 free trades would be more appropriate. I e-mailed a complaint to the SEC - This can not be legal. I have accidentally bought and sold stock before (2 separate instances) and there is no way for us to weasel out of such mistakes - (actually, I made money on one of these mistakes) Think about it - I bought GS at 53 and sold it at 76+, the next day Datek reverses the transaction when the stock price is 62 - If Datek did not have the GS shares to sell to me then they in-effect shorted GS (they do it all the time) - If Datek did not actually have their act together with Goldman Sachs, then they have a personal problem - what Datek did to their customers amounts to misrepresentation at best and it could be considered fraud. If others express interest in a collective complaint or class action, please let me know. Thanks

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