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Strategies & Market Trends : From the Trading Desk

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To: steve goldman who wrote (3851)	11/24/1998 9:58:00 PM
From: nick nelson	Read Replies (1) of 4969

From Briefing.com [15:52 ET Internet Stocks sector could be in for a bumpy ride should the SEC tighten up margin restriction; according to Salomon Smith Barney, tighter restrictions could be announced soon.] Steve, Any truth to this rumor that you're aware of? In the past, what has been the Fed change... to 75%? Apparently it is aimed at just Nasdaq internet stocks. Also, is there a section within the brokerage houses that can use 10 to 1 margin while day-trading in their stock accounts? Thanks, nick

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