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To: SJS who wrote (9034)4/17/2000 12:37:00 AM
From: t2  Respond to of 24042
 
Steve, Regarding the margin calls. After reading the replies to that post, they were referring margin calls of at least 75k. I think large margin calls are normally handled on a priority basis.



To: SJS who wrote (9034)4/17/2000 10:52:00 AM
From: Master (Hijacked)  Read Replies (1) | Respond to of 24042
 
The next phone you make after you receive a margin call goes something like this:

- Hello, Rocco!

- I need $50,000

- 5 points...a year?

- 5 points a week?

- Huhhh, Ohh no, 5% a week sounds fair to me.

- I assure you I won't be late.

- Life insurance?

- Uhhh....Ohhh yes, I can change the beneficiary.

- Ehhh, Ohhh No Sir Mr. Rocco, u not gonna have any problems.

- I meet Frankie tomorrow and pay him the first week?

- But, but tomorrow is not 1 week yet!!

- Ohhh, no .....I don't have a problem with that Mister Rocco.

- Thank you sir you are very fair!!!!

- Good Bye Mister Rocco and thank you, thank you!!