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: ChopChop99 who wrote (6176)	7/3/1999 2:19:00 PM
From: Keith Rosenblatt	Read Replies (1) \| Respond to of 16809

If I understand things correctly, having $2000 available in margin loans would qualify you to purchase an IPO. You would still, however, have to get the actual cash to pay for it before the settlement date. I think that this is the main reason to move securities from the cash bucket to the margin bucket. The other reason is, it doesn't do any harm whatsoever -- unless you're a compulsive gambler and will use as much loan as they're willing to give you.