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Non-Tech : Waterhouse Securities -- Ignore unavailable to you. Want to Upgrade?

To: Earl Graham who wrote (771)	11/13/1998 1:52:00 AM
From: peter michaelson	Read Replies (2) \| Respond to of 2076

I have both Datek and Waterhouse too, along with MBTrading. Datek is 100 times faster than Waterhouse and MBT is 10x faster than Datek. I don't know how people can trade actively with Waterhouse. Long term hold, I can understand. Peter

To: Earl Graham who wrote (771)	11/13/1998 10:08:00 AM
From: Dan Swartzendruber	Respond to of 2076

Agreed. I use WH for my IRA, and I love them (I don't do but maybe 8-10 trades/month, mostly in blue-chips and various buy&hold stocks), so I don't really care. But for my taxable account, there is no way I am keeping it at WH. It's too frustrating dealing with the delay issues. To be fair, unlike Datek and others, no-one reasonable claims WH can do something it can't. e.g. it's not a daytrading brokerage. Period.