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

To: Jeff Dryer who wrote (9153)	7/17/1998 4:51:00 PM
From: Mama Bear	Respond to of 16892

"Webstreet offers trades for free due to extreme competition, not because they can afford to." I was with WebStreet less than a month. I believe they are making a killing scalping 1/8's and 1/16's off those "free" orders. You can see my posts on the WebStreet thread to find out why I left, but my month with WebStreet was the worst month I've had as a trader. It is the only month where my equity declined, and you can't tell me it wasn't because they weren't scalping my orders. The execution costs of "free" trades is mighty high, IMO. Barb