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Technology Stocks : Firstwave Technologies, Inc. (FSTW) -- Ignore unavailable to you. Want to Upgrade?


To: The Vet who wrote (303)1/28/1998 11:40:00 AM
From: Russian Bear  Respond to of 1205
 
Vet,

That is interesting. I agree with your assessment: it is nice, but cannot be counted upon to last.

Also curious is the fact that only certain stocks appear to have been effected. My only other stock under $5, MGI Pharmaceuticals (MOGN,) did not make the transition to marginability. It is hovering aroung 4.5, and is still unmarginable. I wonder what criteria they have started using to determine marginability.

Good luck,
RB



To: The Vet who wrote (303)1/28/1998 10:29:00 PM
From: Timoteo  Read Replies (1) | Respond to of 1205
 
FWIW I think my BROC shares have been in my margin account for at least the last four months (Discover). I always assume they put everything they can in there so it can be sold short.

Timoteo