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To: Steve Lamont who wrote (19127)5/28/1999 11:51:00 AM
From: Tom Tallant  Read Replies (1) | Respond to of 41369
 
Steve,
If your margin account shows for instance...-$1000...the brokerage treats it as though you have fallen below the minimum requirement by that amount. They will sell enough of the shares you own to bring the account all the way back to even, which would be an additional $1000.
However, if you pay the $1000...they won't sell $2000 worth of stock.

Regards,
Tom

PS. Did I explain that right?...LOL