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Non-Tech : bad experience in Charles Schwab recently -- Ignore unavailable to you. Want to Upgrade?

To: Mike Harkness who wrote (9)	2/20/1997 1:32:00 AM
From: Liren Chen	Respond to of 124

Mike, I think Dan's statement is true. I had similar experience. I placed a limit order in Telebroker to sell a NAQDAQ stock. 2 minutes later the bid reached the limit price and I immidiately cancel my order though Telebroker and very soon the canceling was confirmed. I was quite surprised. By the way, I have a real-time interactive quote system from Interquote. Liren

To: Mike Harkness who wrote (9)	2/20/1997 5:28:00 PM
From: Dan Spada	Respond to of 124

First off, Mike, I don't have a clue who you are or what you've done with schwab in the past and I'm sure you don't know me. To accuse me of fabricating a story like this is with no proof of your accusations is the height of ignorance. I assure you that these are the FACTS: DATE: 1/29/97 ORDER: limit sell 2 5/16 500 shares SYCR placed at open BID WHEN LIMIT ORDER WAS SUPPOSED TO BE CANCELED(still not filled)= 2 3/4 Let me say for the record that had this order been executed properly I would obviously have no beef. But to let a limit order sit because they've got " bigger fish to fry" and then screw your customer when HE brings it to THEIR attention is anything but "credible" or reflective of their "integrity". For $.09 per share comm. their customers deserve a hell of a lot more than what they're getting. That's why I left. Like it or not.