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

To: Mama Bear who wrote (9040)	7/10/1998 7:21:00 PM
From: Rubber Man	Respond to of 16892

Anyone have problems with the quotes lately? I've been finding missing quotes, quotes that are off some 20% (AMEX), the quote list regressing to ones I haven't used for a long time (probably one server was restored using another server's information). Then there's the classic servers... :P I just wish I can see quotes on more than 1/2 the page on a 800x600 resolution.. Well, back to work..

To: Mama Bear who wrote (9040)	7/10/1998 7:36:00 PM
From: Spots	Read Replies (1) \| Respond to of 16892

>> There is no way I will trust Datek to administer checkwriting Well, um, Barb, well, check. I firmly agree. DATEK has been very prompt in responding to web check requests in the past few months, so who needs more "Datek competence" in check writing? Spots

To: Mama Bear who wrote (9040)	7/11/1998 10:44:00 AM
From: gbh	Read Replies (2) \| Respond to of 16892

Picture this: One of your stocks you hold long is halted for news. This promptly causes the value to plummet to 0 the way that Datek calculates your account value (bid/ask is 0 * 0). This causes you to have less funds than are needed to clear the check. Do you think the check won't bounce? Barb, I'm not sure this will be an issue. I have had two other brokers that did checking, and for both you could only write checks against your cash balance. If you exceeded this, the check would bounce. Just like a standard checking account. I don't think a check is considered a marginable loan, as your post suggests. BTW, the brokers were Discover and Fidelity. Gary