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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club

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To: Lars who wrote (2334)12/3/1998 6:50:00 PM
From: Justa Werkenstiff  Read Replies (2) of 15132
 
Lars: DEATH TO INTERNUTS. From Schwab 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
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