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Technology Stocks : TAVA Technologies (TAVA-NASDAQ)

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To: Starduster who wrote (10057)1/30/1998 6:04:00 PM
From: Clayleas  Read Replies (1) of 31646
 
Sandie,
My understanding is that Fred Bettes is working on getting NMS status for TAVA. A stock with NMS status is automatically marginable when it gets that status.

A stock without NMS status can still be marginable if it appears on the Federal Reserve Board list that is issued quarterly. Evidently, TAVA is included on the list that becomes effective Feb. 9. I cannot verify that, however, since the list has not yet been published on the internet. When it is published, you will be able to access it for verification through the following link:

bog.frb.fed.us

I hope this clarifies the situation.

Jim

P.S. By the way, the January 28, 1998 press release shown on the above link is Y2K related - but not directly applicable to TAVA.
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