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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets!
LRCX 150.32+5.4%Nov 24 3:59 PM EST

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To: Justa Werkenstiff who wrote (4039)12/20/1997 5:23:00 PM
From: Ian@SI  Read Replies (1) of 10921
 
Justa,

Thanks. You're probably right, when it's time to make the switch, the S&P would be equally unattractive.

I'm generally adverse to carrying any margin; but perhaps, I should consider buying semis low on margin, then paying off the margin loan when high keeping the difference as a core holding...

Is there a major flaw to that approach besides the margin interest and the risk that prices will continue to go lower after my margin purchase?

Ian.
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