Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Wit Capital - The way of the future? -- Ignore unavailable to you. Want to Upgrade?

To: Manny who wrote (5241)	6/21/1999 10:38:00 AM
From: ChopChop99	Read Replies (2) \| Respond to of 16809

Manny, a question or two on this... I opened a margin account when I opened, but have never had any Margin Buying Power show up at all. Since FCST, NETO, and now ETYS, all should be marginable, I've sent a number of e-mails asking them to move these securities to margin. No response yet other than one e-mail saying that the margin department had been notified of my request. If getting a margin account activated is somehow gonna screw up my IPO chances, then I'll tell 'em to forget it. I just thought I'd use the equity for a bit of trading to get some usage out of the dogs until I can sell 'em. Question: You said that funds that you wire in now are swept into margin to cover margin balances. I assume from this that you're using your margin buying power to buy stocks? IOW, you're actually doing some trading with Wit?