To: dloy who wrote (6626 ) 1/18/1999 2:33:00 PM From: tom pope Read Replies (1) | Respond to of 43080
Margin Requirements at E-schwab-I've lost formatting, but I hope it's readable. Doesn't look terribly restrictive to me unless you're a real margin junkie. Also, PETM is volatile?New margin trading maintenance requirements and buying power calculation for certain volatile stocks In response to the recent volatility of certain stocks, the margin maintenance requirements for 25 NASDAQ Internet stocks were changed on December 3, 1998. In addition, effective January 7, 1999, 19 additional stocks were added to the list. Effective January 19, 1999 31 additional stocks were added to the list. The 75 NASDAQ stocks listed below are now subject to a 50% maintenance requirement. Margin requirements are set by the rules and regulations of the New York Stock Exchange, the American Stock Exchange and other regulatory agencies under whose jurisdiction we are subject; and according to our sole discretion and judgment. Maintenance requirements may change without notice. Trades in these stocks should be placed with the new requirement in mind. The Buying Power for these stocks can be derived by accessing Buying Power Detail in the Balances screen and taking twice the non-marginable securities balance. The following NASDAQ stocks are now subject to the new 50% maintenance requirement: ABOV ADRX AEIS ALSI AMTD AMZN ASDV ATHM BAAM BCST BRCM BVSN BYND CDNW CLFY CMGI CMNT CMPL CNCX CNET COOL CTXS DBCC DCLK DRIV EBAY EGGS EGRP ELNK EWBX EXDS GEEK GCTY IMRS INKT INSP INSS ITVU Abovenet Comm Andrx Advanced Energy Ind. Advantage Learning Ameritrade Amazon.com Aspect Development At Home Books-A-Million Broadcast.com Broadcom BroadVision Software.Net CD Now Clarify CMG Information Computer Network Computer Literacy Concentric Networks Cnet Cyberian Outpost Citrix Systems Data Broadcasting DoubleClick Digital River eBay Egghead.com E-Trade Earthlink Networks Earthweb Exodus Comm Internet America Geocities IMR Global Inktomi Infospace.com Intrl. Network Serv Intervu ITWO KTEL LCOS LGTO MACR MALL MKTW MNMD MSPG MZON NAVR NSOL NTAP OMKT ONSL PETM PIXR PROX PSIX RMBS SEEK SHRP SKYM SONE SPYG TFSM TGLO TMCS TXCC UBID USWB VRIO VSVR WIND XCIT XMCM YHOO i2 Technologies K-tel Lycos Legato Systems Macromedia Creative Computers Marketwatch.com Minimed Mindspring Multiple Zones Navarre Corp. Network Solutions Network Appliances Open Market OnSale PetsMart Pixar Proxim PSInet Rambus Infoseek Sharper Image SkyMall Security First Spyglass 24/7 Media theglobe.com Ticketmaster Transwitch uBid USWeb Verio Videoserver Wind River Systems Excite Xoom.com Yahoo! 1998 Charles Schwab & Co., Inc. Member SIPC/NYSE (0199-0394) © 1998 Charles Schwab & Co., Inc. All rights reserved. Member SIPC/NYSE. Unauthorized access is prohibited. Usage will be monitored. Viewed as of: January 18, 1999 02:21PM ET