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Technology Stocks : NUKO INFORMATION SYSTEMS
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To: peter grossman who wrote (1954)6/2/1997 2:41:00 PM
From: LAWREAL   of 3509
 
Some brokerage houses have a $5 limit for margin purposes, but many hold at $4 level. My feeling is on Friday you had a bit of selling from brokerage houses calling in $ from accounts having had to maintain $5. This week---within 3 days, you will have another (perhaps bigger) wave of selling due to the break under $4. If price goes back over $4 within next three days the margin calls will terminate.
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