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Technology Stocks : CMGI What is the latest news on this stock? -- Ignore unavailable to you. Want to Upgrade?

To: Jenne who wrote (10456)	6/19/1999 8:54:00 PM
From: Susan G	Respond to of 19700

Apparently they just raised some of the requirements on some Internets to 100%. I haven't seen it in print, just read it on the threads. 127.0.0.1:3456/SI/~wsapi/investor/reply?s=fidelity&sreply=10188078

To: Jenne who wrote (10456)	6/19/1999 9:35:00 PM
From: ChinuSFO	Read Replies (2) \| Respond to of 19700

With a flurry of activity restricting margin on Internet stocks, they are trying to pre-empt the anticipated run up in Internet stocks and also the daytrades. I have a very mixed feeling on that move of theirs. But the good thing is that by their action they are implicitly acknowledging that the Internets are poised for a take-off during the impending summer rally. In the face of margin restrictions, the question now arises which sector will see a outflow of money to enable the inflow into the Internets. INTC got downgraded, SEMIs (semiconductor equipment manufacturers) have not received a resounding upgrade and in my opinion investors may pull their money out from there to make a quick buck or two in the Internets. Interesting situation brewing in the markets. We just have to wait and see.

To: Jenne who wrote (10456)	6/20/1999 12:31:00 AM
From: FR1	Read Replies (1) \| Respond to of 19700

Susan, I also use Fidelity and they require 80% on CMGI.. 80% on all internet stocks.. I have Fidelity too and really resent that. They are picking stocks for you. If you ask about IBM or AT&T, and they say you can have tons of money (margin below 50%). Ask about ATHM or CMGI and you get the almost no money (eventhough T almost owns ATHM). Whatever the policy, it should be the same for everybody. I solved the problem. I moved to Dreyfus. Rates are cheaper (flat rates for options too). They tell me to watch my margins carefully, but they treat me like a adult and let me do my own investing. Having said all that, I usually remain at 80+%. It really helped recently. I dropped from 85% to 68% in the recent sell off. Now it will go back up.