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Politics : Idea Of The Day

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To: IQBAL LATIF who wrote (12270)10/19/1997 4:25:00 PM
From: Don Pueblo   of 50167
 
Ike and Co.-

I am not a very saavy investor. In fact I usually don't even look at prices of the stocks I buy. I just find a product that I like, and buy the stock. (This explains my large holdings in Playboy).

After seeing you guys pounding the table for Semis and Disk Drives, I call my broker this past Monday and tell him to load up the truck.... all semis and DD. I'm sure they are doing well. Thanks, guys.

Now, I get a telegram in the mail yesterday from my broker saying something about a "margin call". Is this some new type of derivative? I don't play options much, but I'm willing to try if you fellas think this is a good idea.

If it's true that these call options can be bought on margin, I may not have to sell all of my semis and DDs to get them. Let me know what you guys think. I trust you.

TLC
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