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Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?

To: GST who wrote (90010)	1/6/2000 3:32:00 PM
From: H James Morris	Read Replies (1) \| Respond to of 164684

>H James -- partly out of morbid curiosity, and partly to understand the dynamics of the avalanche in prices, what are the mechanics of a margin call. Gst, your asking the wrong guy. I only use a margin account for shorting or hedging. I've never bought a stock on margin in my life. But, to answer your question its simple. When an investors liabilities exceed assets a margin call is made making the investor to throw cash in his/her account or lose securities in the account. One of my best friends got killed several years ago on margin calls. He ended going bankrupt, but he's still one of my best friends. Ps Tech stocks will come back soon. Trust me. Cnbc will have big Joe from Gruntal tomorrow on their show to calm us down.;-)