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Technology Stocks : America On-Line: will it survive ...?

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To: Joe S Pack who wrote (12350)12/5/1998 2:38:00 PM
From: stock_bull69  Read Replies (1) of 13594
 
This was posted on the Schwab web site yesterday:

Urgent Notification

Updated December 4, 1998 9:30pm EST

Volatile Internet Stocks: Maintenance
Requirements Changing.

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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