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To: Lynn who wrote (55589)12/21/1999 9:15:00 PM
From: Voltaire  Read Replies (2) | Respond to of 152472
 
Excellent point. Funny you bring that up, I over executed an order on an IRA this morning and sure enough, here came the phone call. Just told them to buy as many shares as balance would allow at market. You will leave a few bucks on the table but you do the same thing when you are dealing on-line because one is afraid to go over. I know they come down to but the stock jumped about $15 bucks after the order. Lucked out this time.

thanks,

V



To: Lynn who wrote (55589)12/21/1999 9:38:00 PM
From: Cooters  Read Replies (1) | Respond to of 152472
 
<<If the shares are for an IRA, one has to figure out things very, very closely or surprise! The shares cost more than the cash in one's account. Then one gets stuck selling something.>>

This just happened to me last week. I was on touchtone entering an order in a Brown IRA and online with Waterhouse. The Waterhouse market price was $5 below what I needed to get another 250 Q. While I was working through the Brown system it started moving up and I ended up being about 8cents/share over, or $20. The guy at Brown said I needed to take care of it by the end of the day and wouldn't charge any commission(only $5 anyway). I sold one share of LWIN to cover it. Had quite a lot of fun telling everyone I sold my first share of Leap.

Cooters