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Non-Tech : The Critical Investing Workshop

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To: Dealer who wrote (11273)4/6/2000 12:47:00 AM
From: Dr. David Gleitman  Read Replies (1) of 35685
 
Morning Dealer (yes, it's after 12:00 here in NY, and I was told officially that I can say good morning now). Good to "hear" from you. I think that I am going to get one of those automated answering machines to deal with margin calls.

"...if you are trying to collect on a margin call, please press 1 now, otherwise please hold until the next plausible excuse is available to delay your call...".

Your strategy is analogous to buy on the rumor, sell on(or right before) the announcement.

I always found that buying calls right after a "train wreck" always worked for me.

I tried getting out of the margin call by telling Schwab that I would fax him a check. Didn't work. Tried food stamps, that didn't work. I offered cash, but they wanted 2 ID's.

Here's to tomorrow (after finishing up my second glass of Boujoulais Neuvou (Boy those French sure screw up my horrendous spelling, or ....maybe I should start drinking something that is easier to spell.

Have a great morning,

David

Now, where is that #%@! screw cap to that wine!!!
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