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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic
INTC 35.10+2.3%Nov 19 3:59 PM EST

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To: Eliz2 who wrote (20867)9/5/1998 2:06:00 PM
From: David M Gambs  Read Replies (1) of 27012
 
Eliz2,

Dell split on the close on Friday. Tuesday's open will be about $55 unless we get Instinet action Tuesday morning.

I use margin to have the market 'purchase' the stock for me. I did this with LU earlier in the year. Put several stocks on margin, took the run up then sold most of it. This left me with LU and my cash back.

This is a very effective way to accumulate stock if you catch the upswing in the market. If you do not feel you can hit the market before it goes up, do not try this (at home ;^) ).

Regards,
dmg

(Go INTeL® Go to $200 - [post all splits: past, present & future])
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