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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 170.90-1.3%Nov 7 9:30 AM EST

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To: Ibexx who wrote (105269)9/21/2001 2:20:22 AM
From: The Verve  Read Replies (1) of 152472
 
Cfoe and Ibexx,

You make good points.

But the point I was trying to make is 'why'?

Why take on the additional risk with margin?

When you're at the level these guys operate in, capital preservation should take precedence over juicing up your returns. jmho

(If I ever hit 5 or 10 million, I'll go 100% cash and disappear into the mist, never to be heard from again. Shoot, make that 2 mil.)

As Gordon Gecko says...

"Greed, for lack of a better term...is good"

(But not when several hundred million disappears into some rat hole, never to be seen again.)
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