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Microcap & Penny Stocks : Airstar Technologies, Inc. (ASTG)

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To: baystock who wrote (107)9/9/1996 12:46:00 PM
From: Chris Parenti   of 3967
 
Ram, I just received my monthly statement and sure enough I have a very small % of my stocks margined at this time...XECM was a cash purchase, but it was placed in a margin account...I called to question why XECM was in the margin account...Was told it would be changed ASAP...Again I don't own much at all but, XECM is the last one I'd want listed as a margined stock...It was a Smith Barney account...I guess if they placed all the XECM shares in margin accounts, it could really add up.....and be large enough for shorters to use...

Chris NY
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