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Technology Stocks : Ascend Communications (ASND)
ASND 202.23-4.2%Dec 2 3:59 PM EST
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To: Inga who wrote (25287)12/3/1997 2:29:00 AM
From: John Ritter   of 61433
 
Margin should only be used by professional traders that track their holding daily. My personal view is that it should only be used for day trading, the problem is that if a stock tanks your original money is gone, no certainly, stocks do recover, and I suppose you could run up some mastercards to keep a stock after original capital is gone, there is hope of gaining it back if you don't sell.

I could see using margin on say the run of DELL computer, or INTEL, the majors, I wish I would have done that instead of hard buying these network stocks, OUCH.
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