Computer Network Technology (CMNT) Message Board

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Technology Stocks : Computer Network Technology (CMNT)

CMNT 0.0001000

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Dec 3 4:00 PM EST

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To: Roger Schelling who wrote (542)	2/2/1999 10:24:00 AM
From: Roger Schelling	Read Replies (1) of 750

Margin Maintenance..It seems that the brokerage houses wait until 1 1/2 to 1 hour before market close to give people a chance to send in money or sell equities to cover the increased Margin Maintenance requirements. So the last couple of hours before market close can be very weak and good time to buy as they dump market orders out there to get those accounts in line. Yesterday we dipped to 10.25 during that period. When this stops, maybe we can figure this transformation is ending. Roger

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