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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: FR1 who wrote (36594)	1/21/1999 1:08:00 PM
From: Mama Bear	Respond to of 94695

" I am sure there are a lot of people forced to sell stock now even though they do not want to and they are within margin limits agreed upon when they bought the stock." Ah, but there's the rub. When you signed your margin agreement you agreed to let them do all the things that you're complaining about. "You know, it almost seems like a class action suit is in the making. " I doubt it, for the above reason. "All buyers have to go through brokers and brokers are together diverting margin funds to favored stocks and away from stocks they don't favor." I don't see it that way at all. They're not willing to take the risk. These brokerage houses put a lot of dollars on their bottom lines by loaning margin funds to customers. It is a statement of how profoundly risky these stocks are at these levels if the brokers are choosing to forego profits. I'm not sure a coherent argument can be made that T is at the same risk level as ATHM, despite it's ownership interest. Barb

To: FR1 who wrote (36594)	1/21/1999 5:39:00 PM
From: James F. Hopkins	Respond to of 94695

Franz; Very good post, and that's what is at the heart of the internut sell off, how ever some die hards are selling other stocks rather than to give up their most recent internut buys at a loss. So RE Fidelity overnight jerked their margin requirements on most internet stocks up to 80% and lowered the margin on some other stocks to as low as 30%. I don't like this. Your right for not liking it, and what they hope to gain from it may backfire in their face..it will to some extent. Waterhouse has called for 100%..( which means no margin on internuts ) and now won't trade half of them over the net, you have to call in..( ring ring ring "all account officers are busy at this time please call back later..click ) Jim

To: FR1 who wrote (36594)	1/21/1999 6:20:00 PM
From: Greg Jung	Respond to of 94695

Amazing. However the little old lady that has had T since eons on margin is well out of margin now since it has more than doubled from its $35 dow dog days. The list on Schwab is for 50% margin requirements, mostly NUT stocks but a few interesting exceptions: ITWO KLAC WIND Also I think some IPO stocks may be 100%, but I'm mostly off any margin so I pay no attention. -g-.