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Technology Stocks : Peapod (PPOD)

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To: David S. who wrote (520)	12/3/1998 6:13:00 PM
From: zuma_rk	Read Replies (1) of 1170

Prediction -- Not sure about PPOD, but tomorrow will be an ugly day for internet companies, and any other stocks that investors may choose to sell to meet margin maintenance requirements. This came out from Schwab at around 2PM today: In response in the recent volatility of some Internet stocks, beginning today December 3, 1998, the maintenance requirements for 22 NASDAQ internet stocks will be changed. The 22 NASDAQ, listed below, will be subject to a 50% maintenance requirement. Margin maintenance requirements are set by the rules and regulations of the New York Stock Exchange, the American Stock Exchange and other regulatory agencies to the jurisdiction of which we are subject; and according to our sole discretion and judgment. Margin maintenance requirements may change without prior notice. Trades in these stocks should be placed with the new requirement in mind. The NASDAQ stocks subject to the new maintenance requirement of 50% are as follows: AMZN Amazon.com BAMM Books-A-Million BCST Broadcast.Com BYND Software.Net CDNW CD Now CMGI CMG Information CNCX Concentric Networks COOL Cyberian Outpost DRIV Digital River EBAY eBAY ELNK Earthlink Networks EWBX Earthweb GCTY Geocities GNET Go2net ITVU Intervu KTEL K-tel MSPG Mindspring OMKT Open Market ONSL OnSale TFSM 24/7 Media TGLO theglobe.com YHOO Yahoo ----- Guess we'll see tomorrow... Regards, RK

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