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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 227.03+0.1%10:56 AM EST
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To: OtherChap who wrote (28544)11/30/1998 4:31:00 PM
From: Rob S.  Read Replies (1) of 164684
 
OC, the FED is not requireing brokerages to have 100% cash as you posted. I have heard that most brokerages have not changed their requirements and only a few have tightened much. where did you get the 100% margin requirement? I listened to CNBC and didn't hear that.

Regardless of the degree, this will chill the market for these stocks. But the darlings won't crash to the floor anytime soon. I'll stick with my earlier forecast that AMZN will move down to 170.
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