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

To: ChopChop99 who wrote (6160)	7/3/1999 10:39:00 AM
From: Bald Man from Mars	Read Replies (1) \| Respond to of 16809

so, PorkChop, how can you live life to its fullest extent if there are still things you have not tried ... not to mention, just how scary can it get ... to a tough dude like the Bald Man, bring on the margin dude ...

To: ChopChop99 who wrote (6160)	7/3/1999 1:12:00 PM
From: Mary Baker	Read Replies (1) \| Respond to of 16809

Hi Chop...yes I understand what Margin is for...just not sure why people are moving allotted shares into their MARGIN BUCKET! Okay, now I am starting to see the light as I type this. Here is the scenario as I see it. They have at least $2000.00 at WITC in cash or securities. They receive an allocation of shares and then move those to the Margin Bucket so they do not have to use up their cash. Now they want to receive another allocation...and they still have that $2000 available for that second allocation right? Well, I guess that is where all the discussion about if you can receive future IPO shares if you have IPO shares on margin came from. Now I need to go back and reread all of that discussion.... Thanks, Mary