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Microcap & Penny Stocks : Teletek: Big Earnings About To Be Posted
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To: angel who wrote (442)3/16/1996 11:54:00 PM
From: Larry Davis   of 1014
 
Angel,

I'm a little confused about margins on small cap stocks. I was under
the impression that anything over $5 was marginable. I have bought
into TLTK 3 times and average approx. $3.25. So putting a margin on
a few extra shares seems very tempting. Especially, as fast as
this stock is moving. You would only need this margin for about
3 months. That is not much interest. ( This sounds alful bullish,
dosen't it?)
Guess I will give my broker a call Monday and get the full scoop
on margins.
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