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To: ChinuSFO who wrote (10458)6/19/1999 9:58:00 PM
From: Jenne  Read Replies (2) | Respond to of 19700
 
Interesting yes.. but I dont get it. Why would they want to pre-empt an internet run up?



To: ChinuSFO who wrote (10458)6/20/1999 12:51:00 AM
From: AmericanVoter  Read Replies (1) | Respond to of 19700
 
Chinmoy Roy, correct me if I am wrong, but I would interpret raising the margin requirement as fear of a fast precipitous fall that a 50% or 80% margin may not be enough to cover the broker...

"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."

best regards
amein