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To: Alec Epting who wrote (1463)12/5/1998 1:37:00 PM
From: TraderGreg  Read Replies (1) | Respond to of 27722
 
Yea, they sure didn't have any trouble with the volatility when the stock was running up.

When you buy a stock on margin, you are given the constraints, e.g, 50% up front, X% maintenance, minimum price to retain marginability, etc. Many of those now non-marginable stocks with 100% maintenance requirements are trading well above the minimum $5 or $6 share price presented in advance of the margin buy.

To change those criteria AFTER the fact, is extremely uncool.

TG



To: Alec Epting who wrote (1463)12/5/1998 6:39:00 PM
From: blankmind  Read Replies (2) | Respond to of 27722
 
I can't deal with a company that changes the margin requirements while I hold the stock. I will have my stock delivered. alec

you will find this margin requirement so far from other brokerages only applies to new purchases, not current holdings. probably the same for e.t.


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