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To: David A. Irvine who wrote (10951)12/5/1998 4:12:00 PM
From: Bald Eagle  Respond to of 44908
 
Schwab's Internet stocks' margin requirements changed:-

Updated December 4, 1998 9:30pm EST

Volatile Internet Stocks: Maintenance Requirements Changing.

Please click on the Details button for more information

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



To: David A. Irvine who wrote (10951)12/5/1998 4:28:00 PM
From: The Street  Respond to of 44908
 
Thanks!