Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 268.87

+4.6%

Jan 2 9:30 AM EST

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To: Paul V. who wrote (9942)	10/28/1997 11:11:00 PM
From: Stefan	Read Replies (2) of 70976

IMO buying on margin is as good as gambling. Unless you are absolutely, unequivocally sure that the stock will go up than you may consider margins. Otherwise, you are at the mercy of the market. Just remamber, you don't get margin call when the stock is up, but when it is down . If you use your own money you don't have to sell when you don't want to. It is not so when you are out of money and on margin. I am glad for your great 290.75% gain but we all get lucky once in a while. I wish you good luck and few more three bagers.

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