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To: Augustus Gloop who wrote (120678)4/26/1999 2:47:00 PM
From: Shadow  Read Replies (1) | Respond to of 176387
 
This is a cut and paste from Etrade about margin calls

." However, it is important that you monitor your own account closely because there can be times when E*TRADE will have to liquidate without notifying you beforehand. E*TRADE can liquidate at any time, especially if the value of the stock is declining rapidly. In addition, a stock will no longer be eligible for margin if it declines below $3 per share. That event could also trigger a maintenance



To: Augustus Gloop who wrote (120678)4/26/1999 3:02:00 PM
From: Bob Frasca  Read Replies (3) | Respond to of 176387
 
Schwab requires 60% on AOL as of a couple of weeks ago.

Just fyi,

Bob



To: Augustus Gloop who wrote (120678)4/28/1999 8:03:00 AM
From: arthur pritchard  Read Replies (1) | Respond to of 176387
 
nasdaq777:<they can't do that without...>schwab is selectively increasing margin requirements whenever they want to, stock by stock.