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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?


To: Jay Lyons who wrote (3643)12/3/1998 3:41:00 PM
From: Alan Smithee  Respond to of 43080
 
This from Schwab:

In response in the recent volatility of some Internet stocks, beginning today
December 3, 1998, the maintenance requirements for 22 NASDAQ internet
stocks will be changed. The 22 NASDAQ, listed below, will be subject to a
50% maintenance requirement.

Margin maintenance requirements are set by the rules and regulations of
the New York Stock Exchange, the American Stock Exchange and other
regulatory agencies to the jurisdiction of which we are subject; and
according to our sole discretion and judgment. Margin maintenance
requirements may change without prior notice.

Trades in these stocks should be placed with the new requirement in mind.

The NASDAQ stocks subject to the new maintenance requirement of 50%
are as follows:

AMZN Amazon.com
BAMM Books-A-Million
BCST Broadcast.Com
BYND Software.Net
CDNW CD Now
CMGI CMG Information
CNCX Concentric Networks
COOL Cyberian Outpost
DRIV Digital River
EBAY eBAY
ELNK Earthlink Networks
EWBX Earthweb
GCTY Geocities
GNET Go2net
ITVU Intervu
KTEL K-tel
MSPG Mindspring
OMKT Open Market
ONSL OnSale
TFSM 24/7 Media
TGLO theglobe.com
YHOO Yahoo