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Technology Stocks : JDS Uniphase (JDSU) -- Ignore unavailable to you. Want to Upgrade?

To: t2 who wrote (8997)4/16/2000 9:30:00 PM
From: SJS  Respond to of 24042
 
T2,

No. It means that for every $100 of JDSU, it spins off 50% margin.

So.......you could buy 1 share of JDSU at $100/share on margin with $50 cash, and borrow $50 for the rest.

or

You could buy 1 share of JDSU at $100 a share with NO CASH DOWN if you had another stock at $200 purchased in cash that had a 50% requirement like JDSU did.

Either one works.

Steve


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