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Technology Stocks : Cyrix 1 Where anything goes
CYRX 8.710-1.4%1:12 PM EST

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To: Investor A who wrote (329)4/5/1997 10:36:00 PM
From: Creditman   of 640
 
I want to address the statement about margin interest being "too high". Remeber that margin interest is a tax offset to earnings so if you pay 7.5% and are in the 40% (state and federal) braket, you really pay about 4%. if you really believe a stock is going up, you double your profits if you margin.
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