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

To: Simon Thornington who wrote (852)	12/16/2000 11:50:03 AM
From: jebj	Respond to of 1001

>Hmm, I'm not entirely sure, but isn't this a regulatory thing? I understood that broker/dealers were only allowed to calculate buying power once per day... - Simon Wish I had said that! :) jb

To: Simon Thornington who wrote (852)	12/16/2000 12:23:37 PM
From: MIKE REDDERT	Respond to of 1001

<I understood that broker/dealers were only allowed to calculate buying power once per day...> Hmmm... I'm not sure either, but I do know that some of the big online brokers like Fidelity restore buying power after an overnite position is liquidated. Who is to say that Cyber's customers are any more of a broker/dealer than the more active traders at Fidelity. Additionally, I'm not so sure that broker/dealer is a correct term to apply to daytraders. It would be nice if Cybercorp would step in here and cite the chapter/verse on which they rely :) Mike