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Non-Tech : Charles Schwab (SCH) -- A tech-stock profile? -- Ignore unavailable to you. Want to Upgrade?

To: md1derful who wrote (1161)	1/3/2000 2:07:00 PM
From: Kumar Nathan	Respond to of 1390

I got my orders got confirmed 2 1/2 hrs later this morning. They said that the market makers were very slow etc., etc.,

To: md1derful who wrote (1161)	1/3/2000 7:06:00 PM
From: Steeliejim	Read Replies (1) \| Respond to of 1390

Excerpt from my message 13932 on Dale Baker's 50% gains board--before I checked YAHOO and this site to find out SCH's execute/confirm problems continue. "...My res for Y2K (for investing anyway--I won't bore you w/all the other res's I'm making, or ought to <<ggg>>) is to be a bit more persistent, wo hype, on this thread if you don't mind, and to follow through my own ideas more vigorously. I did say here: KIDE was ripe for a short right before the awful Pokeman movie came out--it went from over 90 to 30's. ISLD in the 30's was a good sympathy play before AKAM IPO'd. It soon was in the 100's from the 30's. And of course NETP. Partly in my defense, I was going through the traumas w/ SCH and then the transition from it to DIR at the time. All done now and happy. I get good, quick executions, and ready to jump aboard the right IPO train. Thanks again to you, Richard. BTW, watch out for SCH. I pesonally wouldn't use it again for online trading unless I knew first hand it has its problems under control. The execution and confirmation problems more than negate the mostly wonderful Platinum team members and the new Velocity package. Sure you can call a live person if you are having troubles, but as often as not, your team member is as helpless as you (when you get through), since most of the problems (MM and margin department) occur on the other side of a firewall. SCH is ok for buy and hold types, but SCH has misrepresented itself as a viable tool for the active investor. Interestingly, I just got a notice over a class action settlement w/ SCH being proposed for the very problems I had. I don't know what the terms are, but it's obvious based on the bad experiences I had that the suit did not resolve the problems. The class action attorneys don't really care of course. They still get the bulk of the settlement before moving on to the next target. I will say SCH is a master at advertising and marketing. Great ads." Interesting to see SCH still doesn't have its act together. Frankly, their Signature Platinum website is more user friendly than DIR's, but I'll take reliability and a straight story any day. The switch was a pain, and I was out of the market during a significant part of the runup in late Nov. early Dec. However, it's been worth it. Made just one trade today. NOIZ. Quick execution and confirm. Batting 1000 so far. And the IPO ops look great. The worst thing about SCH is that I was lied to. It may end up being a good investment. But if you are an active trader, you would be best using another vehicle. Good luck. Jim