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Technology Stocks : Newbridge Networks
NN 14.04-1.2%Dec 1 3:59 PM EST
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To: Chris who wrote (17937)3/28/2000 7:53:00 PM
From: Thomas Scharf  Read Replies (1) of 18016
 
>>I need cash, but don't want to throw away almost 15% more profit<<

Chris, if you really need cash in the short term, consider a margin loan against your NN/ALA position. The annualized interest cost for up to 3 months shouldn't be more than 2.5%(assuming a 10% margin interest rate) and, in the U.S. at least, I believe it is tax deductible as an investing expense, reducing the cost even further.

If you are already margined to the hilt, you are in deep doo doo<g>
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