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To: goldsnow who wrote (32501)	4/26/1999 1:29:00 PM
From: long-gone	Respond to of 116796

osted at 06:57 a.m. PDT; Friday, April 23, 1999 Online trading traffic jammed by Bruce Meyerson The Associated Press NEW YORK - Fed up with online trading delays, Ed Ellks decided to change brokers. "It's not a question of if I will be closing my account," he said, "but instead, when." ... . . . . "What happens when this market takes a dramatic turn, when Internet stocks come out of favor, and the online systems can't handle the orders?" asked Martin Unger, an attorney who has represented brokerages for 25 years. "The losses could be out of sight. The risk to the public is humongous." Fearing a train wreck ahead, Web brokers are upgrading their computer systems, of course, but they are also targeting the easy-money, freewheeling behavior of many online investors. Some firms have imposed trading restrictions, while others are trying to educate people and explain the risks of online investing - especially when it comes to Internet stocks that ricochet around in bursts of five and 10 points. seattletimes.com