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Technology Stocks : Command Systems, Inc. (CMND) -- Ignore unavailable to you. Want to Upgrade?


To: Y2k_fan who wrote (1037)7/20/1998 9:17:00 AM
From: JEFF BERRY  Respond to of 1956
 
Dear Y2k fan, I have several brokerage accounts. All of which exclude from margin, stocks under $5 a share. There are a considerable number of broker's who use $5 as the margin benchmark. Thus the effect of share price pull back due to investor margin concerns has already been dealt with by a considerable number of investors......Also, several weeks ago CMND traded in the $4 - $4 1/4
range for well over a week. Those that have margin concern issues that would motivate the sale of stock at the $4 level would have likely bailed at that time.
In view of the nearness of the CC I think that optimism/pessimism of the CC will be a much stronger issue for buying/selling then Margin concern.

Best Regards, JAB



To: Y2k_fan who wrote (1037)7/20/1998 11:08:00 AM
From: P. Ramamoorthy  Read Replies (1) | Respond to of 1956
 
I heard that brokers allow margins only above $5. y2k sector has always been affected by margin buyers, greed vs. fear. Ram



To: Y2k_fan who wrote (1037)1/26/1999 9:17:00 AM
From: JEFF BERRY  Read Replies (2) | Respond to of 1956
 
To all:

I inquired of Command regarding the impact of the amended S-1 that was filed 1/21/99.

The amended S-1 that had been filed 12/11/98 was not accepted by the SEC. It was sent back to Command with comments on the revisions that would be necessary in order to recieve SEC approval......Thus the new revised filing on 1/21.

This unfortunately starts the clock over again on the 30 day SEC approval process. Thus Command will continue under the cover of quiet period until at least sometime near the end of Feb.

The impact to shareholders (according to the direct response that I received from Command) is that Command will be limited on what it may comment on when it releases 4th qtr. year end numbers.

Best Regards, JAB