Amazon.com, Inc. (AMZN) Message Board

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Technology Stocks : Amazon.com, Inc. (AMZN)

AMZN 222.75

+0.1%

12:19 PM EST

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To: OtherChap who wrote (28541)	11/30/1998 3:23:00 PM
From: OtherChap	Read Replies (1) of 164684

News flash: Just heard on CNBC- brokerages across the board are raising margin requirements on practically every internet stock to 100% cash. Also, CNBC repeated the rumor that the Fed is about to institute harsh margin requirements for these sort of stocks- specifically those that have daily volume greater than the stock's entire float.. (ie, all the internut stocks) Amazon dipping below 200 now. Can't wait to see that 3:1 split when Scamazon hits 50 by the end of this month. I wouldn't be surprised to see them retract the 3:1 split, and then the shareholder lawsuits will start flying.

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