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Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?

To: JBird77777 who wrote (61213)	8/27/1998 11:20:00 AM
From: jhg_in_kc	Read Replies (1) \| Respond to of 176387

JB thanks for the very clear explanation. This may be a dumb question but i have some cash proceeds in my account too from a sale yesterday. Can i just go ahead and buy stock using the cash or is everything I buy automatically "on margin?" I have a Fidelilty Ultra service account with checkwritng and card priviliges on a line of credit (margin) which Of course I will use in that way only minimally. I thought that you could only borrow 50% of the amount of cash in your account but I now understand the maximum you can (though shouldnt) borrow is 100% of the cash (securities) in your account and that the 50% is 50% of the total of the cash and the amount borrowed added together. jhg