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Technology Stocks : Audio and Radio on the Internet- NAVR

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To: Alec Epting who wrote (1463)	12/5/1998 1:37:00 PM
From: TraderGreg	Read Replies (1) of 27722

Yea, they sure didn't have any trouble with the volatility when the stock was running up. When you buy a stock on margin, you are given the constraints, e.g, 50% up front, X% maintenance, minimum price to retain marginability, etc. Many of those now non-marginable stocks with 100% maintenance requirements are trading well above the minimum $5 or $6 share price presented in advance of the margin buy. To change those criteria AFTER the fact, is extremely uncool. TG

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