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Pastimes : The Naked Truth - Big Kahuna a Myth -- Ignore unavailable to you. Want to Upgrade?

To: MythMan who wrote (11987)11/30/1998 3:36:00 PM
From: IceShark  Read Replies (2) | Respond to of 86076
 
Don't have CNBS on, but this was posted by a questionable fellow I have named WrongWay. If true, there are going to be some major fireworks. -nfg-

News flash:

Just heard on CNBC- brokerages across the board are raising margin requirements on
practically every internet stock to 100% cash.

Also, CNBC repeated the rumor that the Fed is about to institute harsh margin
requirements for these sort of stocks- specifically those that have daily volume greater
than the stock's entire float.. (ie, all the internut stocks)



To: MythMan who wrote (11987)11/30/1998 3:48:00 PM
From: eddie r gammon  Read Replies (1) | Respond to of 86076
 
<<rst of all, glad you used the term correction. Second, have you been drinking? -g->>
No, but I am headed out the door to start (g)

erg


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