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.

Strategies & Market Trends : From the Trading Desk -- Ignore unavailable to you. Want to Upgrade?

To: steve goldman who wrote (3764)	10/26/1998 2:22:00 PM
From: ratan lal	Read Replies (1) \| Respond to of 4969

Question for you...... Re: ESCHWAB (ESchove it up your Ass/Back) Last week I placed an order to buy 1000 EMC at 53 1/2 in my IRA. it got executed. Then I sold at 54 1/2 and got executed. Then I placed an order to buy again at 53 1/2. The stock sold at 53 1/2 and 53 7/16 for the next 4 minutes BUT I did not get an execution. REASON - 1. I did not have funds to execute 2. Sorry, I had the funds but they needed 4-minutes to verify They didnt need the 4-minutes for the first trade. But its upto their discretion. If anyone has been thru this before would love to hear about their experiences. For arb need to snail mail for forms. no e-forms. Now EMC is at 63. They said SUE (Arbitrate) if you want EMC at 53 1/2

To: steve goldman who wrote (3764)	10/27/1998 6:33:00 PM
From: Charlie	Read Replies (2) \| Respond to of 4969

Steve, I have a question about Roth IRA's. Recently received a newsletter from Southwest and they said that new amendments allow conversions to be reversed. Can you elaborate? Reason I am asking is that I converted a regular Ira to a Roth IRA earlier this year. They account is down significantly from the time of the conversion. I will be taxed on the amount I converted which is almost as much as the account is now worth. If I could reverse the conversion it would be to my benefit to do so. How do I proceed?