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Technology Stocks : OnSale Inc.

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To: TraderTerry who wrote (2044)11/30/1998 5:21:00 PM
From: Kevin McKenzie  Read Replies (1) of 4903
 
Possible explanation for your loss of margin.

This is probably old news, but since it hasn't been posted on this thread -- there is a rumor circulating that the Fed has restricted certain internet related securities to cash-only trading (ie, no margin). The following is one of many postings relating to this rumor.

techstocks.com

I'm sure we'll all find out before tomorrow's open.

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