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Non-Tech : DATEK- COME LOSE YOUR MONEY -- Ignore unavailable to you. Want to Upgrade?

To: Raj Ramaswamy who wrote (10)	11/11/1998 10:31:00 PM
From: BradC	Read Replies (3) \| Respond to of 38

<Their one exceptional feature of updating the balance realtime and making the money available to you immediately for trading is what attracting all the daytraders like bees to a nectar>. Message 6372167 Very good point. I have been a bit puzzled as to why so many people are complaining so bitterly about Datek and just keep coming back for more licks day after day. This business about getting your credit immediately must be the answer. There has to be some very compelling reason why people are staying with Datek. My question: Is Datek the only US broker to offer this deal? If so why are more brokers not getting in on the action if it is such a big draw? I don't understand why it would be in a brokers best interest to withhold the credit from a sale to prevent a customer from continuing to trade. Brad