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Technology Stocks : Audio and Radio on the Internet- NAVR

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To: woody who wrote (1467)12/5/1998 2:01:00 PM
From: Benchman  Read Replies (1) of 27722
 
I guess one good thing about the margin requirements, is that it works both ways....SHORT as well as long. When I shorted BAMM a couple of days ago, Scottsdale warned me that if they changed their margin policy that I would be forced to cover immediately, any time after settlement day. So that would mean shorters on E-Trade that are on margin now, should have to cover now, and anyone new will not be able to short NAVR on margin. I guess that's one way to see the glass half full...........

Rob.

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