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Microcap & Penny Stocks : IATV - ACTV Interactive Television

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To: TENNET who wrote (3812)1/7/1999 10:40:00 AM
From: Craig Jacobs  Read Replies (1) of 4748
 
MARGIN...
The way I understand it, ACTV is now marginable under the
"2 Point Rule".
I don't have a full understanding of the rule but basically,
the stock is marginable, however at reduced percentage of total equity.

In other words, each share is less marginable than each share of a $5.00 stock.
Perhaps someone could be more specific on this rule for clarification.
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