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Technology Stocks : Intel Corporation (INTC)
INTC 37.81-4.3%Dec 12 9:30 AM EST

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To: Amy J who wrote (123719)12/27/2000 11:47:26 AM
From: denni  Read Replies (1) of 186894
 
amy,

i do use margin and so it has served me well the last two years. i put 1/3 of my stocks in that account. i got my first margin call about three weeks ago. i had to sell 8% of my margin account to solve the call. over time i bought back the cien i sold and some new intc shares at 32 1/8. the dot.com dogs i didn't buy back. the second and larger call was last wednesday. this time i sold nothing but had to send in more shares to cover the call. currently the value of my margin account is twice the current value of all of the stocks i have put in. i have never sold any of the stocks i have put in that account to give me the buying power.

i am enjoying the ride, but have been lucky by picking two great performers: cien & rmbs.
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