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Technology Stocks : Glenayre Technologies(GEMS)- a pure cellular PCS play?
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To: Amir Shalit who wrote (1265)6/23/1997 10:06:00 AM
From: yard_man   of 3431
 
>>btw, I also stoped using margin about six months ago.
I also used my profits to pay off all of my plastics
as well as my wife's car<<

Amir

I think you're the exception there. I think a lot of others have simply extended their bets on the bull's run. I don't know whether it was you or van that said it -- war or assasination or something -- that's the point, one "good" piece of bad news and some of the S&P or DOW favorites are headed for trouble -- I think this is more likely than not. I shorted KO to balance out my portfolio and took some cash out of play and put it into some convertible bonds. 5 3/4% may not sound like much, but it beats negative returns any day, right?
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