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Technology Stocks : CMGI What is the latest news on this stock? -- Ignore unavailable to you. Want to Upgrade?

To: Judy who wrote (4508)1/31/1999 6:04:00 PM
From: Michael Rich  Read Replies (1) | Respond to of 19700
 
Judy, do they change the margin requirements for
naked puts?



To: Judy who wrote (4508)1/31/1999 8:09:00 PM
From: SJS  Respond to of 19700
 
You're absolutely right Judy. I just called. Fidelity has a bunch of stock that run the gammet of 30-100%. It depends on the stock, but I was told last week by someone there that for CMGI, it moved to 100%. They, apparently, were wrong.

I guess that data is only as good as the person giving it to you.

In any event, the vector is clear. Margin requirements are increasing for these INUTS.


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