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Non-Tech : CyBerCorp.com -- Ignore unavailable to you. Want to Upgrade?


To: rrufff who wrote (190)2/4/2000 11:20:00 PM
From: Gregg Sterner  Read Replies (1) | Respond to of 1001
 
rrufff,... After talking to CyBerCorp exec's today they do plan to eventually implement the full gammit of options trading. They are taking it slow and implementing each stage once they are sure that there are no errors. They asked me to tell you that since you are well versed in options trading that if you are interested they would be happy to talk to you about the possibility of you trying out new phases as they are ready.

As you are well aware, but, many people are not, trading the more complicated aspects of options requires a good risk management plan on the part of the trader. No many traders have enough knowledge to prevent great loses.

If you are interested in talking to them direct on this subject, please PM me and I'll give you the name and phone number of the V.P. in charge of this area.

Regards,
Gregg



To: rrufff who wrote (190)2/7/2000 12:43:00 PM
From: CyBerCorp.com  Read Replies (2) | Respond to of 1001
 
Rrufff,

You are correct in your assumption. The two accounts are treated as two separate and distinct entities. You can maintain one account at each of Schwab and CyBerCorp but you would be subject to the respective firm's capital and commission requirements. Also, there is no co-mingling of funds between same registration accounts at Schwab and CyBerCorp. They are completely separate. If you qualified for naked writing at Schwab you could certainly pursue that type of trading there.

Sincerely,
CyBerCorp.com