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Technology Stocks : Intel Corporation (INTC)

INTC 47.29

+7.3%

Jan 13 3:59 PM EST

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To: John Carragher who wrote (182302)	10/14/2005 6:24:41 AM
From: Amy J	Read Replies (3) of 186894

Spooky: "Refco Subsidiary Freezes Customer Accounts for 15 Days Because of Lack of Liquidity" biz.yahoo.com Brokerage firms apparently can freeze customer accounts when they don't have any liquidity, but apparently can't freeze customer accounts when a thief is stealing money from an account - what's so hard about putting a "security lock" on an account, if a customer requests this feature when they open an account. Technology could enable such a feature. Go figure. PS Aren't brokerage firms suppose to have liquidity? PSS On a different note, I asked Amer what their SPIC insurance level was and was told $25M for an owner's aggregate accounts. But Amer keeps changing their SPIC figure they quote to customers. Shouldn't this number change only once per year, not three times in the same week? You can never get the number in writing on company letterhead, even if you ask - they tell you to go to a website (which can be changed on the fly.) Btw, SPIC insurance does not provide protection if a thief withdraws from an account.

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