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Non-Tech : The Critical Investing Workshop
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To: Mannie who wrote (7760)3/16/2000 10:53:00 AM
From: Jeffry K. Smith   of 35685
 
Scott, you have the concept exactly right, except for one important caveat (which may not apply to your situation) - and that is that if you buy too much on margin and the stock drops precipitously (sp?), you may get a margin call.

Be willing to be stuck with whatever you buy, of course, if the picture turns bad, with the possibility that you may get little or nothing (in the form of option premiums) while you wait for things to improve.

Otherwise, that's one of the games I and others play!

Best,
Jeff Smith
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