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Technology Stocks : America On-Line (AOL) -- Ignore unavailable to you. Want to Upgrade?

To: Dr. David Gleitman who wrote (6231)	3/8/1999 9:05:00 AM
From: Tri Bui	Respond to of 41369

Fidelity had the the same 50% margin requirement for AOL a while back ago. Tri

To: Dr. David Gleitman who wrote (6231)	3/8/1999 9:07:00 AM
From: Joe S Pack	Respond to of 41369

David, Margin requirement has been increased by many brokerages during the last few weeks. For example, Salomon Smith Barney increased it a few weeks back and they don't tolerate option buying, especially on market order. I heard from my broker that many have done the same to protect the "poor" traders (?). The main reason, IMHO, is that they see a lot of people making money on on-line trading with traditional margin requirement and hence they want to stop that. There is also risk involved in honoring market orders for fast moving issues. -Nat

To: Dr. David Gleitman who wrote (6231)	3/8/1999 9:16:00 AM
From: ChinuSFO	Read Replies (1) \| Respond to of 41369

Datek has YHOO, AMZN, EBAY, CMGI, EGRP etc. on the 50% list but not AOL. Chinmoy

To: Dr. David Gleitman who wrote (6231)	3/9/1999 2:52:00 AM
From: Spreck	Read Replies (1) \| Respond to of 41369

OLD NEWS I HAD TWICE AS MUCH AOL AT SCOTT TRADE WHEN THEY RAISED THE MARGIN REQUIREMENT TO "70" % YES 70 PER CENT .....HAD TO SELL A BUNCH OF COURSE AT A PROFIT BUT I COULD HAVE BEEN MAKIN A LOT MORE UP TO THIS POINT IN TIME....I FIGURED IT WAS A SMART THING FOR ME IN THE SHORT TERM AS ONE NEVER KNOWS WHEN THE MARKET COULD TURN AGAINST YOU...SOME PEOPLE WILL BE MAD BUT I HAD A NEGATIVE CALL SOME TIME AGO AND IT COST A FORTUNE SO THIS WAS OK BY ME....STILL HAVE THE BOAT AND THE TRUCK LOADED WITH AOL.....SO GO AOL GO SPRECK