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Technology Stocks : Dell Technologies Inc.

DELL 135.98

+3.0%

Dec 2 3:59 PM EST

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To: Meathead who wrote (132538)	6/13/1999 8:36:00 AM
From: Jill	Read Replies (1) of 176387

Meathead, I think that's why Fidelity, Schwab and other online brokers for the "masses" started upping margin requirements on internuts to 80-100%. A lot of those who have the mentality you spoke of are trading w/ discount brokers. I think those high requirements, though many complained about them at the time, protected the market from really crashing. There's been a major correction in that arena, probably forced in part by margin calls, but they aren't nearly as bad as they could have been. I'm also hoping that this experience may have sobered up some, for example your friend. If he didn't get out in time, he's not likely to margin himself like that again. What do you think? Jill

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