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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 239.12+0.4%Jan 16 9:30 AM EST

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To: F The who wrote (6219)6/16/1998 7:39:00 PM
From: Glenn D. Rudolph  Read Replies (2) of 164684
 
David,

You stated your question about going long against the box margin requirments was silly. There is no such thing as a silly question. I had the smae question and since I got a different answer from BHC Securities, DLJ and Fidelity, I called the SEC to see what was the rule. Now I know but the question was not silly. Also brokerage firms can require more equity but not less than that mandated by the SEC.

Glenn
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