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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?


To: Doug Robinson who wrote (45320)6/19/1999 11:04:00 AM
From: J. De Motte  Read Replies (1) | Respond to of 120523
 
FIDELITY has new margin requirements on internet stocks..80% on blue chips and 100% on most others. On "regular" stocks, they've increased from 30-35%. This should cause quite a few margin calls next week. I wonder if other brokerage houses have upped their margins on internet stocks? If you're a Fidelity customer and on margin, check your balances this weekend...you may be in for a surprise...I was. Jeanne



To: Doug Robinson who wrote (45320)6/19/1999 1:31:00 PM
From: DlphcOracl  Read Replies (1) | Respond to of 120523
 
Re: Alan Abelson

Alan Abelson is a horse's ass. He is the journalistic equivalent of James Grant. Both have been proclaiming that the market is overvalued and on the verge of a cataclysmic crash and ensuing bear market for the last five years. Rarely have two people been so consistently wrong or clueless. The sad part is that he is a talented writer and his pieces are entertaining -- unfortunately that makes them persuasive enough for a few unwitting investors to follow their lousy ill-timed advice. Pity.