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Technology Stocks : The New Qualcomm - a S&P500 company -- Ignore unavailable to you. Want to Upgrade?


To: Keith Feral who wrote (559)8/5/1999 12:06:00 AM
From: Maurice Winn  Respond to of 13582
 
*Hard on the outside, gooey in the middle?* The big question is, what's the average margin in the Internut stocks? If the average is near the maximum, it will mean big changes if that trigger point is reached. Do you mean people have to have at least 80% equity in internet issues? By that I mean:

Debt of $20,000
Share value $100,000

If so, that is very conservative but could mean that huge numbers of people have the maximum margin, so there will be a HUGE crunch if margin calls are precipitated en masse. On other stocks, I imagine that debts range from maybe 10% to 50% of assets and fairly evenly spread.

I guess we might find out soon.

Mqurice