Oracle Corporation (ORCL) Message Board

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Technology Stocks : Oracle Corporation (ORCL)

ORCL 201.88

-1.5%

12:59 PM EST

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To: lml who wrote (3916)	12/9/1997 12:00:00 PM
From: Sowbug	Read Replies (2) of 19080

<<Yea, you got it. It means that some positions are FORCED to sell. It you don't cover, you don't have a choice. Your position is liquidated.>> Ok, I understand. This is getting a touch off topic, so I apologize to our other readers, but what happens if you get called when you're out of town (for example)? I assume the broker does the forced liquidation on its own once it has tried and failed to reach you, but how does it choose which stocks to sell? Are there hard-and-fast rules? If it automatically liquidated the tanked stock, then I'd attach more significance to the effect of margin calls on ORCL stock. Way OT, there's a guy who sounds exactly like Arnold Schwarzenegger on CNBC right now.

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