Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Edward J. Edwards, III who wrote (7991)	4/20/1998 11:52:00 PM
From: Rick Hudson	Respond to of 16892

Ted, I read the article in Forbes. And it did say the trades with Island are $1 a trade. After reading the article in Forbes, and the messages here on Datek. I'm going to open my Datek account this week. Regards, Rick

To: Edward J. Edwards, III who wrote (7991)	4/20/1998 11:56:00 PM
From: Spots	Read Replies (3) \| Respond to of 16892

Yeah, I read the Forbes article. Very flattering for Josh et. al. But the fact that Island trades only cost market makers a dollar was posted on Josh's page over a year ago (when I first read it); I don't know how long before that. That's if you want to post your firm's orders to Island. Wholesale, that is, not retail. I don't have any objection to markup over the dollar; I do have a problem with not having front office access when there's a problem. I am not a daytrader and I have nothing like the volume of experience most folks on this thread have, but I must say that I have no complaints about Datek's execution of my trades. I wish I could say the same about my experience with their books and the ill-fated check writing. Also, I share the frustration everyone has here in waiting for functions promised for years (options, to name one). In short, I am unequivocally ambivalent. If that's not definite enough, I will further state that I am absolutely certain that I don't know whether I want to bail out or not. Spots