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Technology Stocks : Avtel Communication (AVCO) -- Ignore unavailable to you. Want to Upgrade?

To: Dale Baker who wrote (392)	11/16/1998 5:16:00 PM
From: Anthony@Pacific	Read Replies (2) \| Respond to of 461

The trades were still done with the marketmakers, the only difference is that you lose all the money.. They are 100% liable for the profits, I would send them a letter immediately, and file an arbitration if they don't pay you... I guarantee you that had the stock opened up,,...they wouldn't be in any hurry to cancel your trade and would expect you to pay the loss....they wouldn't even talk about it..actually

To: Dale Baker who wrote (392)	11/16/1998 5:26:00 PM
From: Ted Gregg	Read Replies (1) \| Respond to of 461

Dale, They did the same to me! If AVCO was not marginable could they not have decided that by Friday? Why wait until Monday? To see which way it goes? Who here bought AVCO on Margin? Did your broker then bust your trade because they decided it was not marginable? Looks like the broker & MM's are the only ones insured of profits in their trades.

To: Dale Baker who wrote (392)	11/16/1998 6:29:00 PM
From: Craig Richards	Read Replies (1) \| Respond to of 461

If you have a problem with your broker, here's information about filing a complaint with NASD: nasdr.com There's also a link to arbitration information from that page.