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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 172.72-4.4%Nov 4 3:59 PM EST
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To: Art Bechhoefer who wrote (91270)1/4/2001 6:22:50 PM
From: Jordan Levitt  Read Replies (1) of 152472
 
Art,

Interesting point about margin requirements...think of it this way ( actually warren buffett thought of this long before I did), how can it be good for an economy if someone can invest in a company that couldn't borrow a nickel right now based on its' credit worthiness from a bank, but then based on the market value of that stock, the investor can borrow against that (perceived value), to invest in yet another stock ????
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