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To: Mike E. who wrote (1748)6/25/2000 11:31:00 PM
From: JamesB  Respond to of 2005
 
In the past few months I opened accounts with Ameritrade, Webstreet and E-Trade as backups to Mytrack, simply because the fills had become so intolerable. I have also been using them (Mytrade) more and more of late, and do not even open a window for the other brokers on most days, as I have no need to. I suppose this has much to do with the number of trades settling in around 5,000+ per day. It would seem that this volume is easily handled by the system. Hopefully, they will get whatever it takes to handle 10,000+ trades per day BEFORE it gets back to that point.

Getting the Broker/Dealer license as well as giving Herzog the boot as clearing agent should have a positive effect on the stock and the future of the company. I have long been of the opinion that Herzog has been dictating terms to Mytrack, that are quite frankly, unacceptable. The poor fills, 100, 500 share partial fills etc., have been a slap in the face of all Mytrack/Mytrade users. I believe that as a bona fide Broker/Dealer, Mytrade will now be able to negotiate better arrangements with market makers. Anyhow, here's hoping for brighter days ahead for users and shareholders.