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Non-Tech : Datek Brokerage $9.95 a trade -- Ignore unavailable to you. Want to Upgrade?

To: Jon Tara who wrote (7270)	3/8/1998 3:56:00 PM
From: B.K. Ohneis	Read Replies (2) \| Respond to of 16892

<<from Jon Tara on Mar 8 1998 3:30PM EST You should pay margin interest on the 12,500. As your equity drops, you aren't borrowing any more money. Conversely, if the stock goes up, your loan balance doesn't decrease! Is there any evidence or reason to beleive that Datek is doing otherwise?>> I wish I knew how Datek charges margin interest! All I know is that my purchasing power would be reduced by the drop in equity. That reduction may or may not have any effect. That is what I said in my previous posting. I hope Datek can explain it to us. Are you a Datek employee? It sounds like you are. YOu have a lot of confidence in your postings.