HIGH SPEED ACCESS {HSAC} Message Board

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Technology Stocks : HIGH SPEED ACCESS {HSAC}

HSAC 13.88

-5.4%

Dec 18 4:00 PM EST

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To: ahhaha who wrote (239)	6/23/1999 6:15:00 PM
From: Mary Baker	Read Replies (2) of 963

I certainly am not aware of this "check kiting" scheme that you have passionately espoused here. But how do you explain the fact that I could have just as easily gotten a cash advance from my credit card without the checks? Via an ATM machine with my pin number. And I am free to use this cash any way I see fit...vacation, bill payment...burn it, give it away...stocks... So what is the difference? I have read many articles about using credit card advances to purchase stocks. No one has ever suggested that it was illegal...only foolish. I think this matter would have been brought up at least once in the various publications that I have perused on the subject. But I am no lawyer and no expert. Maybe I will be paying those loans off a little sooner than expected.

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