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Non-Tech : Datek Brokerage $9.95 a trade -- Ignore unavailable to you. Want to Upgrade?

To: Thad Pickard who wrote (7488)	3/23/1998 11:57:00 AM
From: Dave Neufer	Read Replies (1) \| Respond to of 16892

I wonder how some of you deal with vacations and other times away from trading. I have set stop orders on Nasdaq stocks but that's not possible yet for NYSE. Does Datek plan to introduce stop orders for NYSE stocks and when? I did have a thought while looking at the Super-Express third party HTML interface. stockclub.com Wouldn't it be pretty simple to create a program or applet that could let you input a stop price for a symbol, periodically query the quotes, determine if the price is at or below your indicated stop price, then go to a preset Super-Express interface to effectively press the appropriate Enter button and trigger a market order? I know it's a little slower than Datek doing it, but it might give some level of safety with NYSE stocks when you have to be offline for a week. Any thoughts?

To: Thad Pickard who wrote (7488)	3/24/1998 9:49:00 AM
From: David Kuspa	Respond to of 16892

I do remember traders complaining about this a while back, but I thought this was fixed long ago. I placed a GTC sell stop last week and received no warning at the time of entry that it wasn't valid, so I guess it must have been a NASDAQ stock. When it disappeared from the daily activity page the following day, I thought it was due to their message about a technical problem. Now I see that any attempt to place a stop order for a NYSE stock does result in a warning message at the time of entry. Has DATEK given any indication when they will address this limitation?