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Technology Stocks : CMGI What is the latest news on this stock?
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To: Jenne who wrote (10459)6/20/1999 3:31:00 AM
From: Jill   of 19700
 
It may also be that they want to protect themselves and traders. Maybe there were a ton of margin calls during the last few weeks. From reading these boards it sounded as if there were. Even at 80% restrictions. In the end it may help cushion us from another severe correction. I use Fidelity myself, and I know that if someone is heavily weighted in a particular stock or using a lot of margin, they will individually raise margin requirements--I checked my portfolio and nothing seemed changed on it, but CMGI is relatively small part of it.

Jill
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