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Technology Stocks : TAVA Technologies (TAVA-NASDAQ)

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To: threadneedler who wrote (16960)5/15/1998 7:04:00 AM
From: Joseph J. Valenzuela  Read Replies (1) of 31646
 
TAVA still not marginable at Schwab?

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Dear Mr. Valenzuela:

Thank you for your e-mail.ÿ We appreciate you taking the time to write us regarding your account.

We regret to inform you that TAVA is not a marginable security, even though it is now traded through NASDAQ.ÿ

Charles Schwab & Co., Inc. may make a final determination of whether a stock is marginable for its accounts based on factors that may be more stringent than federal regulations, but TAVA must also apply to the NASD for marginability.

If you have any further questions or concerns, please do not hesitate to contact us.ÿ Thank you for using Schwab's Electronic Brokerage Services.

Sincerely,

Jennifer Hegland
Schwab Electronic Brokerage Services
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