SI
SI
discoversearch

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.
Non-Tech : E*Trade (NYSE:ET) -- Ignore unavailable to you. Want to Upgrade?


To: Yilin Liu who wrote (5078)2/10/1999 4:33:00 PM
From: Iceberg  Read Replies (3) | Respond to of 13953
 
>I am really tired of reading these wining messages

Yilin,

------------
One E*Trade customer, Dar Hay of Memphis, told Reuters he lost close to $12,000 last week when he was unable to cancel an order to buy 350 shares of brokerage firm Siebert Financial Corp(Nasdaq:SIEB - news). Hay, a former systems analyst and now a full-time day trader, said he put in the order at 0950 EST/1450 GMT on Thursday last week but decided to cancel when the stock headed south.

With E*Trade's site for trading down, Hay said he tried to call the brokerage but could not get through. He also said he sent an e-mail at 1010 EST/1510 GMT. to cancel the order, to no avail. The order was executed at $60 a share at 1105 EST/1605 GMT. The next day he dumped the shares at an average price of $26 a share, for a total loss of $11,900.

''I had no means of getting a hold of them; I was powerless,'' Hay told Reuters. E*Trade responded to his e-mail message four days later, he added.**
----------

I suppose you think Dar Hay, an E*trade customer such as myself and many others, is just "wining" [sic] too, huh? I don't think it helps anything to characterize people's reports of misfortunes beyond their control, as whining.

Ice

**Reference:

biz.yahoo.com