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Technology Stocks : Compaq

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To: Brad Zelnick who wrote (15881)2/1/1998 12:00:00 PM
From: otter  Read Replies (1) of 97611
 
From my perspective, it seems to me that the real value of a margin account is for those instances where the buying opportunity is great enough; the available cash is not quite great enough for the purchase; and that the condition is temporary (e.g. more cash will come in).

On balance, your comments are right on the mark. I would rather have 100% of an asset that has dropped 50% in value than 0% of twice as many assets that dropped in value 50%. Simple math.
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