VOLTAIRE'S PORCH-MODERATED Message Board

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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: im a survivor who wrote (31119)	2/15/2001 2:30:09 PM
From: pinhi	Read Replies (3) of 65232

Hi Keith, I was totally debt free including my house which I paid off in '94. Had a home equity line on my house established for emergencies. Was loaded to the gills with Qbomb last year with a lot on margin. Suffice it to say, I had hundreds and hundreds of thousands of dollars in QCOM and many other techs. Got a margin call when Q was around 100 and convinced my wife that we should meet the margin call with our home equity line. Well, the rest is history as Qbomb bombed on down to 51. Instant re-mortgagization of my house in about 6 weeks. All that home equity flushed down the crapper. What a great year. 5 years of progress and hard work gone in six weeks. Pinhi

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