S3 (A LONGER TERM PERSPECTIVE) Message Board

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Technology Stocks : S3 (A LONGER TERM PERSPECTIVE)

SIII 0.0001000

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May 12 5:00 PM EST

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To: Michael who wrote (8329)	12/12/1997 5:32:00 PM
From: Ken Muller	of 14577

Michael: Many brokerage houses have different rules, but I have dealt with Schwab, Quick and Reilly and Waterhouse. Those guys require that you supply 100% of the funds up to the low limit (let's say it a $5 limit). After the stock goes higher, they will loan money(margin) on it. So if a stock is at $7, you put up $5 and the brokerage company loans you $2. At $9, they loan you $4. etc. At $5 stock price they loan you nothing. In effect, the margin limitations actually start to kick in around $10 per share. Happy Holidays, Ken

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