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Technology Stocks : Stock Swap

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To: Mark who wrote (9232)10/28/1997 1:46:00 PM
From: Steven Messina,L.M.T.  Read Replies (2) of 17305
 
Re: Margin

I hear that! Unfortunately I was heavily margined on CYMI prior to the swift market decline...averaged in around 29 7/16th per share. I've got enough margined backed security to cover myself...man oh man though, when CYMI opened today at 21 1/2, I dove to the phone and knocked it off the hook<ggg>.

Not to rock Patrick's boat here, but if your focused on the LONG TERM (6months to a year +), this morning had to have been the time to BUY and/or average down in small percentage increments (10% or so). There are certain companies that are just screaming to be bought., ie DY at 21, MTZ at 33, FTEL at 6 1/4, RII at 28, CYMI at 22-25, CFMT at 15...etc.

Frothing at the mouth, I remain

confused
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