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To: Quad Sevens who wrote (10673)4/27/1999 12:40:00 AM
From: Marc Newman  Respond to of 14266
 
OT--Wade, that's pretty bizarre. I'd love to see anyone's explanation. Especially since these firms have restricted margin on a lot of the internet stocks.

Also, I figure that these firms will be pretty quick to sell out customers' accounts while there is any equity left, if at all possible. We know they are allowed to, according to the margin agreements. If it really is the Big Meltdown I have a feeling those charmers at Datek, for example, really won't be too slow in saving themselves before saving their customers.

Marc