Globalstar Memorial Day Massacre Message Board

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Technology Stocks : Globalstar Memorial Day Massacre

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To: Mama Bear who wrote (179)	5/13/2000 10:00:00 PM
From: dday	Read Replies (2) of 543

Question#3 Yes, the broker knows day to day what has been lent from each account. All you have to do is ask. At the firm that I clear through (been licensed 20 years and independent BD for 10), those figures are coded on the customer position screen. Thus, I know day to day what has been borrowed from each account. I should also mention that, even though you have a margin account and debit balance, you have the right to request that none of your securities by hypothecated. Although most customer agreements that you sign ( and probably never read) give the broker this right, you can revoke it. Maurice and thread, Best of luck in your endeavor. I hold no position in GSTRF at the moment but wish all you longs well. Regards Bob

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