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Technology Stocks : DELL Bear Thread

DELL 117.44

-1.6%

Nov 20 3:59 PM EST

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To: lin luo who wrote (1712)	8/29/1998 12:14:00 AM
From: nihil	Read Replies (1) of 2578

RE: Money has to go somewhere When one sells stock which is held on margin, the margin loan (sometimes more than half of the proceeds) disappears. Only by the owner buying more securities on margin can the money be recreated. A river running into the sand disappears. An investor who takes the money left after he is sold out and buries it under the floor of his hut reduces the money supply even further. Stock-market collapses usually destroy huge amounts of money and scare even more underground..

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