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Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?

To: Hightechhooper who wrote (124333)	1/5/2001 6:09:37 PM
From: deibutfeif	Read Replies (1) \| Respond to of 186894

HTH, re:...I was just informed by my broker (Schwab)... I just checked the "margin message" screen on Schwab and it contains no mention of special rules for a "concentrated" account. I recently consolidated all my assets at Schwab, transferring from MSDW-online, because MSDW had a 50% maintenance rule for concentrated accounts. Am surprised to hear of this change at Schwab, if its real. Sorry I can't help other than to say MSDW-online is definitely not the solution. ~dbf

To: Hightechhooper who wrote (124333)	1/5/2001 6:17:27 PM
From: xstuckey	Read Replies (1) \| Respond to of 186894

Hightech, At the risk of beating a dead horse (actually, beating a dead horse is more fun than you may think), I will once again suggest staying one step in front of the margin clerk by selling just enough stock to reach the required margin each day before the close. Assuming you do not wish/cannot afford to ante up more money to answer margin calls, this method will allow you to meet them without being sold out by the clerk, and it will also assure that you will be (within the limits of your present investment) FULLY MARGINED at the low, whenever that might come. Just a suggestion. Best Trading, X P.S. About a year ago, I asked ETrade about a concentrated position ( I am frequently 100% in Intel) and I was told that Intel was a stock approved for 35% margin, even if concentrated. This could have changed. I am of the school that believes old option players never die, they just expire worthless.