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To: Jan Crawley who wrote (37400)1/28/1999 1:19:00 PM
From: Mark Fowler  Respond to of 164684
 
Of
course, if one's account is such that there is "no risk" for the house, then one
can buy/trade as one wishes. <<

I understand that's my point. Thanks



To: Jan Crawley who wrote (37400)1/28/1999 1:21:00 PM
From: Yojimbo  Respond to of 164684
 
from schwab:

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
BAMM
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
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