The New QLogic (ANCR) Message Board

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Technology Stocks : The New QLogic (ANCR)

QLGC 16.07

0.0%

Aug 24 5:00 PM EST

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To: Alan Bershtein who wrote (19969)	1/5/1999 2:49:00 PM
From: Mr. Twister	Read Replies (1) of 29386

Alan, <<Is it correct that if ANCR goes above 5, it will once again be eligible for being bought on margin? If so, perhaps this will fuel the fire a bit more.>> The answer to your question depends on the firm you trade with. Some consider $3.00 to be the absolute minimum that one can trade on margin. Many are at $5.00 though. Nearly all are changing margin requirements right now due to the internet frenzy. While I hope that this rally is different than those of the past, I think many should take a very close look at whether this is a marginable stock for them, at least until ANCR can prove they have the contracts and earnings. Andrew

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