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Technology Stocks : TAVA Technologies (TAVA-NASDAQ)
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To: Jack Zahran who wrote (5186)10/31/1997 10:20:00 PM
From: Emec  Read Replies (1) of 31646
 
I believe that this is an SEC rule. Your broker should be able to explain it to you. I think it has to do with the fact that a nonmarginable stock is in your cash account at the brokerage firm and can't be lent out to a shorter. A stock in your margin account can be lent according to terms of your margin agreement. Perhaps there is a
broker on the thread who can explain better or further.
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