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Biotech / Medical : Techniclone (TCLN) -- Ignore unavailable to you. Want to Upgrade?

To: WE89 who wrote (860)	12/12/1997 11:47:00 AM
From: shero	Read Replies (1) \| Respond to of 3702

I do. Four directors bought stock between 4-4 1/4 and another is being sold out on margin at 2 1/12. Do you have another word for that than stupid? But I can see what your point is. Alys--the Federal Reserve determines which stocks are marginable and each firm sets its own requirements. Most stocks over $5 qualify for the Fed list. Remember not long ago TCLN was over $7. The interesting thing is Stones stock is restricted. I wonder if his margin calls were because he put his stock up as collateral for his house, his car, or if he was speculating on stocks in other companies.