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Non-Tech : Datek Brokerage $9.95 a trade -- Ignore unavailable to you. Want to Upgrade?

To: henry jakala who wrote (11398)	3/26/1999 10:18:00 AM
From: Ed Forrest	Respond to of 16892

I want my old Streamer back.Datek do you hear me? Ed Forrest

To: henry jakala who wrote (11398)	3/28/1999 1:02:00 PM
From: nick nelson	Read Replies (1) \| Respond to of 16892

Datek: hoovers.com ISLD: hoovers.com newsalert.com middleberg.com 8. FedWorld (www.fedworld.com) Please goto #8<http://www.fedworld.com> for further info about ISLD's Registration as a Stock Exchange. /CONTACT: Melissa Fox of Middleberg + Associates, 212-699-2512, melissa@middleberg.com, for The Island ECN/ /CONTACT: Melissa Fox, melissa@middleberg.com or Dawn Hill, dawn@middleberg.com, both of Middleberg + Associates, 212-888-6610 for Datek Online Holdings Corp./ InterNAP: hoovers.com -------- Datek Online Clearing Corp. newsalert.com Ralph Sorrentino, a 38-year securities industry veteran, has been named president of the holding company's clearing operation, Datek Online Clearing Corp. Previously, he served as executive vice president of the holding company's brokerage operation. Under Mr. Sorrentino's leadership, the clearing operation has grown from 151,738 trades per day in June 1998 to nearly half a million trades per day in March 1999. The group has also expanded to 145 employees dedicated to meeting the phenomenal growth rate. ------------ 1) Does Datek Online Clearing Corp. clear only for Datek Online or does Datek Online Clearing Corp. also clear for ISLD? 2) Perhaps Mr. Sorrentino could answer the questions regarding the unavailabilty of so many Nasdaq stocks to margin and/or short. If Datek Clearing has 1/2 million trades per day(primarily Nasdaq stocks) - why are so many Datek stocks UNAVAILABLE to marign and/or short. Is Datek Online such a small broker-dealer(mom and pop outfit?) that they do NOT have any Nasdaq Internet stock certificates in their inventory? bog.frb.fed.us With the Board's December 23, 1997, amendments to its margin regulations, brokers and dealers became able as of January 1, 1999, to offer margin credit on all stocks trading in the Nasdaq Stock Market. Therefore the Board ceased publication of its quarterly List of Marginable OTC Stocks with the November 9, 1998, list. If Datek became ABLE - how come they are raising CAIN! nick