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Gold/Mining/Energy : Daytrading Canadian stocks in Realtime -- Ignore unavailable to you. Want to Upgrade?


To: gypsy who wrote (901)12/7/1998 1:17:00 PM
From: Wizzer  Read Replies (2) | Respond to of 62348
 
Got this message when I logged on to Greenline. They are restricting margin for buying some internet stocks:

Date: 1998/12/04
Time: 09:30:00
Subject: MARGIN REDUCTION ON INTERNET STOCKS /MARGE REDUITE

PLEASE BE ADVISED THAT EFFECTIVE DECEMBER 4, 1998, GREEN LINE WILL BE
REDUCING AND / OR LIMITING THE LOAN VALUE TO 50% ON SEVERAL INTERNET
RELATED STOCKS. PLEASE CONTACT YOUR LOCAL GREEN LINE OFFICE FOR MORE
DETAILS. ---------------------------------------------------------------------------------------------- VEUILLEZ
NOTER QU'A PARTIR DU 4 DECEMBRE, 1998, LIGNE VERTE FIXE LA VALEUR MARGINABLE
SUR PLUSIEURS ACTIONS INTERNET A 50%. COMMUNIQUEZ VOTRE BUREAU LIGNE
VERTE POUR PLUS DE DETAILS.

This may reduce some of the volume on stocks like BII.