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To: Dan Duchardt who wrote (3205)2/8/2000 10:57:00 AM
From: P.T.Burnem  Read Replies (1) | Respond to of 3216
 
Suppose for example you have $10,000 ABC stock and $10,000 cash at the start of the day. You hold the ABC stock all day and into the night. Are you saying you can still spend $20,000 that day, assuming of course you do not have more than $20,000 total in stock at the end of the day?

Not really. To spend the $10,000 tied in ABC, one would have to sell ABC first.