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Biotech / Medical : VD's Model Portfolio & Discussion Thread

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To: Vector1 who wrote (3795)12/29/1997 8:20:00 PM
From: Cytokine1  Read Replies (1) of 9719
 
MODEL SELL to meet margin call. 1400 shrs MOGN @ 3.9375 (closing price).

I sold enough MOGN to bring us back to 35% maintenance.

The margin maintenance had dropped to 32.5% today, mainly because MOGN dropped below 4 1/16th, which makes it nonmarginable. Candidates for sale if we drop again are more MOGN, FUSE, some of GENZL and MDYN. Hope we get some more rally and avoid more sales.

Vector, I trust this is an acceptable move. Rman has emailed me and said to use my judgement to keep us in compliance. I shall trim as necessary if we drop substantially below the 35% level.

C1
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