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Non-Tech : Datek Brokerage $9.95 a trade

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To: Sir Francis Drake who wrote (12320)6/1/1999 7:49:00 PM
From: George K.  Read Replies (2) of 16892
 
Sir Francis,

If your (to be) surgeon, attorney, investment advisor, counselor or tutor for your child, caregiver for an elderly parent, or spiritual advisor advertised in this fashion - you'd cut them slack? Hire them?

If you were a director of a bank - you'd approve a loan to individuals that presented themselves in this fashion? These people aren't selling purple fingernail polish to teenagers so why do they act like it?

Sorry, but you aren't in the mainstream on this one and that's coming from someone who isn't either but still has enough sense to see something that's just too far out.

I maintain four accounts with this firm that I reached entirely through the internet, a medium that I am still uncomfortable with, and put my hard earned income and retirement funds into. Not much - but a lot to me and you can bet I watch DATEK like a hawk. A fool who posts his wedding pictures at Coney Island and whose associates may send him my trading orders troubles me profoundly. They ought to be presenting themselves in a manner that suggests they are not playing fast and loose with my money which is exactly what they have already admitted they have done on at least one occasion very recently. A cursory look at any post on this board since you started it suggests that this is a troubled company that has only recently started to wake up. The fact is they have not delivered as you suggest in your post to scores of customers who have said so right here on this board.

Frankly, I find myself more worried about DATEK than some of my investment choices.

George K.

P.S. Don't think the DATEK/ISLD folks don't read these posts. I'll bet they're horrified that someone would bring attention to this silly internet site.

P.P.S. For those of you who don't know what we're arguing about here, the site is www.josh.com.

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