Egghead Computer (EGGS) Message Board

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Technology Stocks : Egghead Computer (EGGS)

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To: Kip518 who wrote (4258)	12/1/1998 5:58:00 PM
From: Arizona997	Read Replies (4) of 8307

This is from the Yahoo EGGS message board 5 minutes ago: "CNBC just reported that Nasdaq has confirmed to them that it does not plan to increase margin requirement for the internet stocks. CNBC stated that the rumor of Federal Reserve pondering increase in margin requirement was started by the short sellers who wanted to cover their position at a cheaper price. This means that internet stocks should be soaring tomorrow. I hope the people who sold their positions based on the above rumor feel stupid and complain to the Nasdaq and CNBC for their extensive reporting on this rumor but yet they only gave 15 seconds to say Nasdaq has no plan to increase margin requirement." Gary G.

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