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Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?

To: Mark Fowler who wrote (45482)3/12/1999 1:55:00 PM
From: Jan Crawley  Read Replies (2) | Respond to of 164684
 
Are you saying they won't let you margin Amzn at all?

Mark, most of the on-line brokers are requiring 75% to 100%. For example, In general, Waterhouse requires 100% cash, and Fidelity requires 75%.

So do not expect too much "retail support"; retailers may buy calls, but they cannot afford assigments and the big boys know it.

Actually, it's easier/safer taking small bits off the big elephants, if only the elephants are doing the swings.



To: Mark Fowler who wrote (45482)3/13/1999 9:36:00 AM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 164684
 
<Are you saying they won't let you margin Amzn at all?

That is correct. I cannot margin AMZN, YHOO, BCST and many others. AOL is marginable, CSCO is of course, etc. They will no longer margin the highly volatile nets. AOL is excluded.

Glenn


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