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.
Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?


To: Rande Is who wrote (5423)4/13/1999 11:27:00 AM
From: pressboxjr  Read Replies (2) | Respond to of 57584
 
Whatever the problem is, it has spread to Etrade. Of course, nothing new to Etrade, this is almost a daily experience.

Also, does anybody know why AFFI is up today? I can't find news on it anywhere.




To: Rande Is who wrote (5423)4/13/1999 11:37:00 AM
From: reallyreally!  Read Replies (1) | Respond to of 57584
 
Barron's March 15, 1999, pages 30-32 rated on-line brokers based on trade execution, ease of use, reliability, amenities, commissions,etc. DLJ Direct, Discover, National Discount Brokers, and Web Street Securities were their top choices --four star.



To: Rande Is who wrote (5423)4/13/1999 11:40:00 AM
From: KevinThompson  Read Replies (1) | Respond to of 57584
 
AARRGGHH! Been there!! "Pending" is becoming a dirty word! I know exactly what you mean. Not today, but last week I got caught with the "pending" black hole. And then, by the time they finally turned "Open", the b/a had moved off my sell price. So, I made the next big mistake - did the online "Cancel". Of course we know what that means - "Awaiting Confirmation" for at least an hour, sometimes all day. This just wasn't going to work, so I called their "talk" line - waited 20 min just to talk to an "investment advisor" - then he had to spend another 5 min. to get the cancel confirmed. They will not let you enter another sell order if it exceeds the number of shares of your long position if there is an order already placed, even if it is "awaiting cancel confirmation" THIS SUCKS!

Datek has extremely fast order cancelations. That is a big plus. If your buy or sell limit order doesn't get filled, it's easy and quick to cancel and enter a revised order. Especially using the "Express Server".

Excuse me for venting, but I've had pent up anger at DLJ for several days over that. The above story has happened on more than one occasion. I'm threw with them as soon as I can close my positions and get my money back out of the account. (BTW, DLJ was the first online broker I started with. When I signed up I got the 60 days free DLJ research and recommendations. I was new to trading/investing. I lost A lot of money following their recommendations. Now I understand. That is how brokers/analysts work to relieve you of your hard earned money - upgrades come at tops, downgrades at bottoms - stupid isn't it? But I did get an education - had to get something for my losses.)

Best Regards,
Kevin



To: Rande Is who wrote (5423)4/13/1999 1:57:00 PM
From: Jan W1 Recommendation  Read Replies (1) | Respond to of 57584
 
DLJ...

You may as well forget about calling too!! I just called about a MARKET order placed prior to the open (I know, hate to do it, but had to) which has STILL not been executed .. it's now 1:50 PM. In the meantime, the stock price has gone up 10% already. After waiting on hold for almost an HOUR, I got through to someone who was no help at all. He THOUGHT that these trades might get adjusted as they start fixing this mess but couldn't GUARANTEE anything. Couldn't change the status .. didn't want to be held to anything .. didn't want to promise anything ... couldn't do a damn thing at all!!

Looks like it's time to fold the ol' DLJ Accounts!!

In any case, don't bother picking up the phone!!



To: Rande Is who wrote (5423)4/13/1999 2:02:00 PM
From: BANCHEE  Read Replies (1) | Respond to of 57584
 
Rande...update
VDAT/DNET
Just got off phone with Bill Plough from VDAT and
has confirmed interview tomorrow @ 11;45 and that
DNET has tech and has worked with George Lucus
and is has done work on Titanic and Star was new
movie.....looks like we have a winner here no matter
what happens to price of stock in next few days...
Banchee

PS DNET is profitable and reporting co to the SEC...
Banchee