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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: Sergio H who wrote (5801)6/10/1998 9:10:00 AM
From: Phil Jacobson  Respond to of 29382
 
I tried to buy SEEK yesterday with a market order (used DLJDirect's phone system) and found out AFTER the close it had been rejected! Missed a huge gain. DLJ Direct has decided that most Internet stocks are no longer marginable due to high volatility and risk. That includes YHOO, XCIT, SEEK, LCOS, plus others. I understand their position but in this case I think they've gone a bit too far.

Phil