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

To: David Kuspa who wrote (7676)	4/2/1998 10:09:00 AM
From: Len	Respond to of 16892

SHOCKER Datek now says that the entire checks order was misprinted at the printer's end. So "everyone who ordered checks is now delayed."(Their quote, not mine) Is there anyone out there who is surprised at this development????????

To: David Kuspa who wrote (7676)	4/2/1998 10:27:00 AM
From: facai	Read Replies (5) \| Respond to of 16892

I had been a satisfied customer of Datek. But the following trade I had this morning bothers me a little: I was watching a NASdaq stock which was in the process of moving down. When the price reached 1/4 x 3/8 (I am giving the fractional part only), I pulled the trigger, putting in a limit buy order at 7/16 (this way if the price moved up a notch I'll still get it). The order was excuted instantly at 7/16, not 3/8. In the meantime the price continued to drop, reaching 3/16 X 1/4. After checking time and sale of that stock, I noticed that my trade (excuted at 7/16) is surrounded by many trades at 1/4 (at least 10 before and 10 after, followed by some at 3/16...). Anyone with similar experience lately? Note that I am not looking for price improvement here. I am only asking for excution at current ask for my marketable limit buy order (with plenty of stocks being offered at lower than my limit price).