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

To: Peter Stern who wrote (9257)	7/23/1998 7:53:00 PM
From: gbh	Read Replies (1) \| Respond to of 16892

Peter, thanks for the response. I thought that marketable limit, and market orders were treated the same way, I just wasn't sure. Also, Datek has told me on the phone that I should use marketable limit rather than market orders. And I have used both. However, on the rare occasion that I get a really slow fill on a market order, and the stock has moved against me, I find it easier (not easy) to get compensated for the difference, if it was a simple market order. Maybe you could comment on what causes these slow (sometimes 3-10 minutes) fills on market orders. I had another one today at 14:49:02 for a 300 share DELL buy at market. The stock moved up and down before it was filled at 14:53:39, at the same price where I entered the order. The stock was not moving fast at the time. Other fills today were in order, :04 :06 :02 :07 Also, in talking to Datek yesterday about a slow fill on a market order, they mentioned they were aware of problems, and were currently implementing improvements. Maybe you could comment. And finally, could you comment on the Streamer beta? I think you guys should charge a nominal fee, and keep the performance up, instead of giving it away. There are many who use Datek just for free quotes, and I like to think active traders got some preference. Thanks. Gary