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Technology Stocks : Source Media SRCM

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To: Sir Auric Goldfinger who wrote (1195)9/25/1998 4:25:00 PM
From: chester lee  Read Replies (1) of 3015
 
<,There is another buyin call going around at Bear today.>>

Ignore it. My SRCM buy-in call from Datek DID NOT Happen. The message said I had to buy-in by Noon today, or it would be bought in at market by the close. I looked 10 minutes ago (market was closed), and my short position was still intact. Datek DID have SRCM marked as non-marginable. I looked at the options this morning, thinking about creating a synthetic short, but the spike up was not dramatic enough to buy puts, and my account at SCH (since Datek doesn't do options) is too small to sell naked calls.

chester
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