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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Gersh Avery who wrote (36566)1/20/1999 7:46:00 PM
From: James F. Hopkins  Respond to of 94695
 
Gersh; I got the notice several days ago, you bet they are going
to kill the little guy who jumped in, I got the same same..
Call the broker message...and you can't get through..
------------
One thing about SI , I find the name internuts a lot, so
I think most SI people should have it figured.

The nuts didn't crack all that hard back in July Aug..
this may be their time coming..
I know how to short them indirectly.
Jim




To: Gersh Avery who wrote (36566)1/20/1999 10:50:00 PM
From: Mama Bear  Read Replies (2) | Respond to of 94695
 
Gersh, I stopped by my broker's office this morning, and overheard someone getting a margin call because of the net restrictions at Waterhouse. 'No, I'm sorry sir, I know you had plenty of available margin, but Waterhouse has put a 100% margin requirement on these shares, and they'll need to be paid in full'. 'If you can't deliver the money by 3 PM on the (can't recall date) you'll have to sell some of your positions to cover it'--'No sir, I'm sorry there's really nothing I can do'.

Oh, the humanity.

Barb