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Non-Tech : Waterhouse Securities -- Ignore unavailable to you. Want to Upgrade?

To: dumbmoney who wrote (481)	4/25/1998 10:32:00 PM
From: Kenwood Sun	Respond to of 2076

When avnt soared more than 30% yesterday, I placed order through waterhouse to sell avnt @26, but the system responded with warning, saying the order couldn't be placed because the price asked is too far from the market price. The system seemed using closing price of previous day to limit asking and bidding prices within 25%. This is really bad for trades if the stock price changes rapidly. I had to call the local branch office to sell the stock.