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 : Ameritrade -- Ignore unavailable to you. Want to Upgrade?

To: Toni Wheeler who wrote (246)	9/3/1998 12:37:00 AM
From: ron forgus	Read Replies (1) \| Respond to of 513

I have been trading with AMTD and DLJ DIRECT for 3 years now. They both have problems at times that's why I have 2 accounts. Both systems have improved since the beta testing a couple of years ago.My ISP was major problem at one time and I was blaming DLJ or AMTD FOR DELAYS. Compared to the old days with A G Edwards both of these services are a great improvement! rjf

To: Toni Wheeler who wrote (246)	9/3/1998 1:43:00 AM
From: Gil Gilbertson	Read Replies (1) \| Respond to of 513

Hi I moved over from A.G.E. also. I talked to Ameritrade today, their business has exploded, imagine that' when everyone is worried about business and profits of other companies, this business is booming the more volatile the market gets. They had a normal run of about 22000 shares perday and the last two days they did over 35000 per. I believe that would overwhelm any system. But, the important thing, is if the business is this good now with only a couple million on line investors and traders, where will it be when the servers and isps have solved the log jam problem. The market is 5 times bigger than it is now, talk about a growth opportunity. Their move to market share thru ads has been a sharp strategy. All that said, the market makers and big money boys know this also and will attempt to buy it as cheap as they can, just keep your powder dry take advantage of the market and manipulations to build a low cost portfolio. It offers options now, and that should attract more players. The delays are nothing compared to the big picture, the technology will come. Meanwhile, I havent had any problem getting thru on the phone with a max 3-5 min in the busiest times.....Yankee Gil

To: Toni Wheeler who wrote (246)	9/4/1998 9:55:00 PM
From: Walter M.	Respond to of 513

Toni, I too will give Ameritrade another chance,because they at least answered all of my e-mail promptly,and likewise were courteous and helpful on the telephone.As you said,it is a hassle switching brokers.I had a helluva time calculating last years taxes because I had three separate brokerage accounts.Now I only use Ameritrade and it makes things much easier for me.I also download my Ameritrade account information directly into Quicken 98,so I will be ready for Uncle Sam when tax-time rolls around.Good luck. Walt