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To: MileHigh who wrote (11028)	12/3/1998 3:34:00 PM
From: Don Green	Read Replies (1) \| Respond to of 93625

Getting testy again.. ???

To: MileHigh who wrote (11028)	12/3/1998 4:40:00 PM
From: MulhollandDrive	Read Replies (2) \| Respond to of 93625

OT MH, I have to disagree with you about margin requirements. Borrowing money isn't a right, it's a privilege, and the lender has every right to impose whatever "collateral" they wish before making a loan. I personally have no problem with raising margin requirements across the board. Remember it was the hedge funds and their unregulated borrowing that contributed heavily to the market break in Sept/Aug. Greenspan made his "irrational exuberance" comments with respect to rampant speculation in the market and I felt then, if this truly is a concern, then the best thing that could be done would be to wring out some of the froth by tightening requirements. I don't agree with tightening requirements on a "sector" though. What's next clamping down on the bio-techs if they become the next hot sector? If they're going to do it, do it across the board. bp