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


To: CatLady who wrote (9785)9/24/1998 2:20:00 PM
From: Rajiv  Respond to of 16892
 
I day-traded (shorted and covered) HEB today. No problems.
The "silly-fast" computers must have sent out the e-mails by mistake.

Regards.
Rajiv



To: CatLady who wrote (9785)9/24/1998 2:37:00 PM
From: Richard F. Hubbell  Read Replies (2) | Respond to of 16892
 
RE:buy-ins:

I received a buy-in warning concerning SRCM and TRBD from Datek. I was already preparing to close these positions, so the timing wasn't a problem. What does worry me and probably everyone else is the possibility of a buy-in when one can least expect or afford such an occurence.

I use seven different brokers. I called each one today in regards to the availibility of shares in SRCM and TRBD. Datek is the only broker who is buying-in. I was told by most there are plenty of shares to borrow and not one had performed a buy-in of these stocks in the past.

This whole situation is extremely fishy, especially considering SRCM price action today. If Datek wanted they could certainly obtain shares from other clearing agencies.



To: CatLady who wrote (9785)9/27/1998 5:12:00 PM
From: CatLady  Respond to of 16892
 
Off Topic -

Time to show off your stock picking skills!

Subject 22342

WELCOME TO THE 2nd SI INTERNATIONAL STOCK PICKING CONTEST

This contest is for 3 months so even the best crystal ball is invalid.

Contest is open to anyone on SI. Since this is NOT an SI sponsored contest we can not guarantee prizes but we always seem to find something for the winners and the losers.

Standings can be checked daily at:

conda.com

1. Pick 5 stocks, (not 1,2,3 or 4) currently trading on the NYSE, ASE, NASDAQ, or OTC BB. No Canadian Markets (Let's just stick with things traded in US dollars).

Include at least one optional stock in case there is a problem with one of your picks.

2. Stocks only, no options, warrants, etc. Everyone starts with $100,000 U.S., all calculations are U.S. dollars. The money is split up equally, 20 grand per stock. No stocks that are trading under $1.00 cents.

3. Take your position; Short or Long. NOTE: OTC stocks can not be shorted.

4. Contest runs from 10/1/98 until 12/31/98. Entries MUST be PUBLICLY posted on the contest thread prior to the market open of 9/29/98 in order to give poor Forest time to catalog.

5. All pricing is based on closing Bid/Ask. Initial shares are automatically calculated for you.

6. If your stock is halted at the close of contest, you get a zero for that stock.

7. Most money made off the original $100,000 is the winner. Fractional shares (to 2 decimal points) for the 20

8. No penalty for spelling and grammar goofs. Flaming is optional for this contest

Good luck