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Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?

To: Jacob Snyder who wrote (106815)	10/11/2001 2:22:41 PM
From: marginmike	Read Replies (2) \| Respond to of 152472

@550 id short the SOX but then again I am a stooopit bear-g-

To: Jacob Snyder who wrote (106815)	10/11/2001 2:24:22 PM
From: JohnG	Read Replies (1) \| Respond to of 152472

OOPS. 25-30% maint of margin - not 60% MM. Need a little help here. Just learned that SSB screwed a relative of mine out of apx 1/3 of his QCOM stock on a margin issue. Maint of margin is 25 to 30% at SSB on this stock as far as I know. When he exceeded that they claimed it was an SEC rule that, due to his concentrated position, he had to sell $3 worth of stock for every $1 he was over the Maint of margin limit. I am wondering if this is a SEC rule or just some SSB rule they sprung on him. Any help from any direction would be appreciated. I am really pissed to see SSB preying on older foks and, if they are lying, would like to have a piece of them. JohnG