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Technology Stocks : Identix (IDNX) -- Ignore unavailable to you. Want to Upgrade?


To: Buck who wrote (10348)9/16/1998 12:01:00 PM
From: R. Jaynes  Read Replies (1) | Respond to of 26039
 
Brad,

Our friends at SACM have have released an announcement in anticipation of the Westergaard security conference tomorrow -

biz.yahoo.com

Rick



To: Buck who wrote (10348)9/16/1998 2:08:00 PM
From: brad greene  Read Replies (1) | Respond to of 26039
 
Buck,

Not important anymore....IMO. (smile)

bg



To: Buck who wrote (10348)9/16/1998 2:43:00 PM
From: Caroline and Daughters  Read Replies (1) | Respond to of 26039
 
Allright Caroline, turn on the megaphone loudspeaker.
According to Charlie Schwab once the stock is under 5 it is no longer marginable. i.e. you cannot get more margin on it nor borrow on the security.. In addition once it closes below 5 the ratio of margin to equity changes and margin calls for maintennace of the ratio start going out. I know because we got one when the stock closed below 5.
Stock looks good today though. The annual filing should scare the hell out of those in short positions. If it was me I'd reach for the kapectate in a flash.
Grunt (Caroline's husband)