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Non-Tech : Lunn Industries (LUNN)

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To: Sergio H who wrote (831)9/22/1997 10:08:00 PM
From: Findit   of 1436
 
Sergio, I'm with Schwab and have noticed they honor stock that starts out as marginable and goes down later. I have added to my positions in such cases and the additions, rightly so, are not marginable but the original position stays marginable for whatever its current value. Now I just have to wonder if a stock starts out a 1 5/8 and is not marginable and becomes a $26 stock after a merger, how will Schwab handle it. I'm sure if I bought some more at $26 it would be marginable. If I call I will get an opinion but not a definite yes or no. These kind of questions usually throw their reps for a loop. Guess I will find out for sure when Lunn hits 26 or 40 or 590 HAHAHA.

Anyone knows for sure, please post.

Jim
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