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Technology Stocks : CMGI What is the latest news on this stock?
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To: Jill who wrote (6827)4/8/1999 4:07:00 PM
From: freeus  Read Replies (1) of 19700
 
Do you mean what drove CMGI higher? I think its the MSGI news.
But if you mean what drove Fidelity to make the margin so high at AOL and CMGI, well CMGI is very volatile: although if you look at the chart on the post before its in a definite uptrend and I doubt that it will retrace much from there.
But AOL? Blue chip internet? ridiculous to lower margin on it and also they lowered it on DELL! Give me a break!!!!
I'll probably keep my IRA there because I cant margin in it but wll move my margin account to Brown and co when I get the paperwork. 50% is the highest margin requirement (and AOL is 40 with Dell where it belongs with the other solid companies at 30%)
Freeus
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