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Non-Tech : Datek Brokerage $9.95 a trade

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To: gbh who wrote (12278)5/25/1999 12:22:00 PM
From: Sir Francis Drake  Read Replies (2) of 16892
 
Thanks, gbh, I'd like to talk to someone at Datek about all this. So happens I didn't lose money on this order, but my God - how can you trade under these circumstances? If this happened once in a blue moon, fine. But this is happening often enough, that it has a material effect on my trading. Even though I didn't lose money on THIS order, I was effectively paralyzed and couldn't use my buying power to trade, thus there was a substantial opportunity cost. This is very depressing. I trade NYSE issues with Datek all the time, and generally I get extremely good fills, but these reporting problems are very serious (and I don't know if it's the specialist or Datek). I'm tired of bitching - kind of don't feel like calling Datek. Very discouraging.

Morgan
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