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To: Steve Rubakh who wrote (10238)2/2/1998 9:38:00 PM
From: Frederick Langford  Read Replies (1) | Respond to of 31646
 
<< Schwab says no way after looking at financials>>

My online acct is with Schwab. If what you say is true, which I can evaluate tomorrow, when I call, how can we expect NMS listing to be approved?
Fred



To: Steve Rubakh who wrote (10238)2/2/1998 10:35:00 PM
From: Jeffrey S. Mitchell  Read Replies (2) | Respond to of 31646
 
Steve, Schwab also refused to margin ALYD when they got NMS:

From Calculated Risk:
Jeff, thanks for this information on marginability. Schwab still refuses to allow margin for ALYD (I referenced your information!) - they claim the stock is "too volatile and too risky". And Zitel is marginable?! <G>

Schwab's argument is absurd. First, who are they to determine risk? Second, its not like my cupboard is bare - I don't need margin - just shares to short. If they don't budge soon, I'll be looking for another broker.


207.183.153.23

- Jeff