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


To: Susan Saline who wrote (4493)12/17/1998 9:26:00 AM
From: Jay Lyons  Respond to of 43080
 
SIII

Alliance with INTC. Closed just over 5, trading over 100,000 shares already up to 7.

Gap it.

Jay



To: Susan Saline who wrote (4493)12/17/1998 9:30:00 AM
From: rod runyan  Respond to of 43080
 
New margin requirements at Discover on many net stocks.
Revised Margin Requirements

In order to reduce exposure to our customers and our firm, the
Discover Brokerage Credit Committee is evaluating and
adjusting the maintenance requirements for certain volatile
stocks. The first phase of this development will begin on
December 16, 1998. At that time the initial list of stocks shown
below will be subject to revised margin requirements.

As subsequent adjustments to our margin policies will be
announced shortly, please be sure to check this area
periodically for updates. Review of margin requirements on
volatile stocks is quickly becoming the norm in our industry and
we hope to protect Discover Brokerage and its customers with
these measures.

Margin maintenance requirements are set by the rules and
regulations of the New York Stock Exchange and other
regulatory agencies. Individual firms may and often do increase
the requirements at their own judgement and discretion. Margin
maintenance requirements may change without prior notice.

Effectively immediately, initial public offerings cannot be
margined for 60 days after their initial trade date.

Effective immediately, the following stocks are subject to a 50%
maintenance requirement:
AMEN
Didax Inc.
AMZN
Amazon
AND
Andrea Electronics
ATHM
At Home
BAMM
Books-A-Million
BCST
Broadcast.com
BFLY
BlueFly
BVSN
Broadvision
BYND
Software.net
CBTSY
CBT Group
CDNW
CD Now
CMGI
CMG Information Systems
CMPL
Computer Literacy
CNCX
Concentric
COOL
Cyberian Outpost
CREE
Cree Research
CYCH
Cybercash
CYSP
Cybershop
DCLK
Doubleclick
DLIA
Delia's Inc.
DRIV
Digital River
EBAY
EBay
EGGS
Eggshead
ELNK
Earthlink
EWBX
Earthweb
GBIX
Globix
GCTY
Geocities
GLCCF
GLC Ltd.
GMAI
Greg Manning
GNET
Go 2 Net
HAST
Hastings Entertainment
INKT
Inktomi
ITVU
Intervu Inc.
KLB
Audio Book Club
KTEL
K-Tel
LCOS
Lycos
MALL
Creative Computers
MSCC
Microsemi Corp.
MSPG
Mindspring
NAVR
Navarre Corp.
NETG
Net Gravity
NSCP
Netscape
NTPA
Netopia
OMKT
Open Market
ONSL
Onsale
PSIX
Psi net
RNWK
Real Networks
SATH
ShopAtHome
SEEK
Infoseek
SHRP
Sharper Image
SPYG
Spyglass
TFSM
24/7 Media
TGLO
TheGlobe
TMCS
Ticketmaster Online
UBID
UBid Inc.
USWB
US Web
WAVO
Wavephore
XCIT
Excite
YHOO
Yahoo

Effective immediately, the following stocks are subject to a
100% maintenance requirement:
AAIR
Airtran
ABOV
Abovenet
CNKT
Connect
GEEK
Internet America
INFO
Infonautics
INSP
Infospace
MLOG
Microlog
XMCM
Xoom

rod