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


To: Dave Hanson who wrote (9898)10/4/1998 5:05:00 AM
From: Christopher  Read Replies (1) | Respond to of 16892
 
DISCOVER BROKERAGE is horrible in case you were thinking of joining them. See thread "gizzard" messages 3497 and 3506. I tried to sell
my 400 shares of Oracle. I spent over an hour and a half on their website but could not implement the transaction. I called their traders and by that time the stock was over a $1.5 down so I did not want to sell. However, they instead bought me 400 share of Oracle at
$29 1/16 which is very close to my selling price. I called them and they said they were going to review the tape but they never got back to me. I lost $1400 because of this. This is only one of the problems I have had with them. I have never almost been able to execute any trade on their website. Their people don't do their jobs and when they do then watch out!! It could cost you many thousands
of dollars!!

Christopher



To: Dave Hanson who wrote (9898)10/8/1998 6:05:00 PM
From: Dave Hanson  Read Replies (3) | Respond to of 16892
 
Comments on how well Datek handles Roth IRAs?

I've had much better experiences with Datek than with Waterhouse, and am considering moving our IRAs here also. I'd heard that they'd had some problems earlier in the year. Can anyone speak to whether these have been more or less resolved?

TIA,

Dave