IATV-ACTV Digital Convergence Software-HyperTV Message Board

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Technology Stocks : IATV-ACTV Digital Convergence Software-HyperTV

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To: whitephosphorus who wrote (5850)	8/4/1999 4:27:00 PM
From: Mike Fredericks	of 13157

This is somewhat off-topic, but honestly I can't think of anything that would be better long-term for the market than for a boatload of margin calls to come in right now. I think it would teach alot of people a lesson that they've been unable to learn the past few years. I sure learned the hard way about margin. Something about being so gung-ho on IATV to buy on margin at 17 and 21, only to get whip-sawed out at 12 & change and find my near 10-bagger turn into a 2-bagger. Still profitable, but margin makes you lose your money faster (and gain faster). If people get burned a tad bit by margin, maybe there'd be less margining going on and a bit less volatility in the market as a whole. -Mike (long and not on margin)

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