Smart Modular - diamond in the rough? Message Board

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Technology Stocks : Smart Modular - diamond in the rough?

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To: Adam Nash who wrote (1401)	5/22/1998 2:12:00 PM
From: Swamy S . Bale	Read Replies (6) of 2020

<- Previous Next -> Message 1122 of 1123 Reply My story... swamy May 22 1998 2:01PM EDT I borrowed $5000 from my credit card(because of 5.8% interest) and bought SMOD at $28. Used margin and bought more $28 7/8. Now it tanked to $14 and my account is wiped out. All I have to do is to send $2500 to my account to fill the margin call(to maintain 30% account ratio). Do you think I should fill the margin or sell the stock, use that $2500 to pay off my credit card? If I hold it, how long I should be doing? Any advice is very helpful. Swamy

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