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Technology Stocks : Intel Corporation (INTC)
INTC 36.20+0.1%Dec 26 9:30 AM EST

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To: carl a. mehr who wrote (153568)1/2/2002 10:04:38 PM
From: Elmer  Read Replies (1) of 186894
 
Isn't is fun to be able to laugh at losing a little bit of all this phony wealth that we were walloping around in, like a bunch of happy pigs in mud.

Well it wasn't much fun when my broker was hounding me with maintenance calls but thank God I survived with modest fortune intact. Let us be mindful of those who were less fortunate than us. I was actually the beneficiary of an earlier mistake. I had sold some Intel leap calls a couple of years back and as a result the dramatic drop in price had limited effect on my INTC equity. I learned a valuable lesson though about margin. I survived the greatest collapse in my lifetime with the tech disaster and it wasn't until we had the 9/11 disaster and fallout that margin finally got me and I took some losses. Goes to show that you just can't anticipate everything. I guess that's life. Oh well, I'm still standing and liquid so I guess I should count my blessings.

Best of luck to you.

EP
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