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To: piscatologist who wrote (13239)4/14/2000 12:54:00 PM
From: Jim Willie CB  Respond to of 35685
 
Schwab has the right to sell your stock at 3pm
they begin by selling the lowest priced stock first
then the next lowest priced stock afterwards
then... you know, until you meet the margin requirements

Schwab will attempt to reach you, so you can choose the response

there is something to be said for meeting the minimum reqmts of margin calls right away on day#1

/ JW



To: piscatologist who wrote (13239)4/14/2000 1:18:00 PM
From: Voltaire  Read Replies (1) | Respond to of 35685
 
Hi piscatologist,

tell them to kiss your ass by writing a covered call on your stock to cover the margin.

v


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