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Technology Stocks : Compaq

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To: Kenya AA who wrote (37986)12/1/1998 9:52:00 PM
From: Pruguy  Read Replies (1) of 97611
 
cramer talks about margin rule changes a 6 brokerages on stocks trading multiples of the existing float. last week there were RUMORS of the fed discussing changing the margin rules. Does anyone know the truth? Does anyone know of any brokerages which did change and enforce new margin requirements on cettain companies? I was not aware of this and it would definitely be on the money for why the market got slammed. would IMHO mean that there will be more to come , but I don't know if this is fact or fiction. Please verify for me.
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