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Technology Stocks : SDL, Inc. [Nasdaq: SDLI]
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To: djia101362 who wrote (3307)10/26/2000 3:38:25 AM
From: DukeCrow   of 3951
 
If you were fully margined on JDSU of SDLI at yesterday's close and did not act quickly at the open, you would be down 50% at today's close and in most cases your account would have been fully or partially liquidated by your brokerage firm.

If anyone was fully margined on JDSU or SDLI, they shouldn't have been in the market in the first place. I hate to say it, but it's true.

I thought individual investors were supposed to be sophisticated these days. Remember diversification? Those who shrugged it off did really well on the way up. And now really poorly on the way down.

I do feel very sorry for people who lost big in the market over the past six months. However, making money in the market is not a birth right. Too many people totally disregarded the high level of risk in the market.

Ali
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