Clown-Free Zone... sorry, no clowns allowed Message Board

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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: GraceZ who wrote (147240)	1/30/2002 2:56:32 PM
From: KeepItSimple	Read Replies (1) of 436258

translation: the company gave him a "loan" to keep his account from triggering a margin call, in order to avoid damage to the stock that would happen if he was forced to dump all those shares. happened every single fucking day in the dot.com boom.. and not surprisingly, 100% of those loans were "forgiven" shortly afterwards. same old story. ------------------------ second edit: The way the announcement goes is, yeah there's a margin call but no, he doesn't need to sell WCOM to meet it!

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