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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies -- Ignore unavailable to you. Want to Upgrade?

To: Mr Grey who wrote (13717)	11/19/1998 7:30:00 PM
From: backman	Read Replies (2) \| Respond to of 119973

datek is having lots and lots of problems lately with open/close of market orders. today, there inability to get a limit order executed that was less than the bid cost me 2 pts on 300 shares. Earlier, i had a setup that i wanted to place at the open...i couldn't get in through 4 different servers... suffice to say, if they had executed the limit order i had, the trade would have gone through, and i would have been able to flip it later..overall, datek lack of execution cost me about $1200 today. etrade on the other hand (i have accounts with both) permits option trading and limit orders. although there web site is somewhat cumbersome to navigate, i dont recall the accessibility problems. i'm getting closer to yamner brokerage, about $35.00/order, but they will work your order for you, and they get a small pct if they get you better than your offer...try www.yamner david s

To: Mr Grey who wrote (13717)	11/19/1998 9:40:00 PM
From: Mr.G	Read Replies (2) \| Respond to of 119973

John, Alot of people have trashed Datek in the past and up until 1-2 months ago I would have agreed with them as I was ready to look for another broker...they have really gotten their act together lately and I cant recommend them enough. The trades are instantaneous, commissions @ 9.99 and the research has improved 1000%. Someone said they were down for 1-1/2 hours this morning but I use their express servers and had no problem...Also I've heard complaints about placing orders at the open...I trade almost every day at the open and have never had a problem with them. I think alot of nay-sayers have not researched the site for its full potential. Im sure everyone can tell you a horror story about any broker. I think the very best advice is to have an account with more than one broker...good luck G.