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Technology Stocks : The New QLogic (ANCR)
QLGC 16.070.0%Aug 24 5:00 PM EST

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To: Roger Arquilla who wrote (18513)10/13/1998 10:40:00 PM
From: THOMAS GOODRICH  Read Replies (1) of 29386
 
Roger,

Thanks for your email and the suggestion about Datek. I thought I would reply publicly not for the purpose of slandering Charles Schwab & Company, but, that other ANCR shareholders may be interested in knowing about Datek's more liberal margin policies with respect to micro caps like ANCR. I'll followup on your suggestion. IMO, Schwab is unethical doing what they do to investors who have always made timely deposits when called upon and who consistently have maintained excellent credit. I never have a problem with corporate policies, however, I do have a problem when losses occur after a deposit is made, and at 93% equity without prior warning because they assert they have that right. If all of that wasn't bad enough Schwab charged me full service commissions, approximately $100 per thousand shares they market sold. So much for web brokers I guess.

TG
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