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Technology Stocks : Compaq

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To: Kenya AA who wrote (43888)1/18/1999 2:22:00 PM
From: Elwood P. Dowd  Read Replies (4) of 97611
 
Check this guy out!!! Borrowed $100k on his Visa card for trading purposes! Unreal! El To: Chuzzlewit (89704 )
From: arthur pritchard
Monday, Jan 18 1999 1:43PM ET
Reply # of 89736

Hi Chuzz<return on investment> At the beginning of last year, I borrowed $100,000 on visa
cards, to begin trading. I borrowed, because my real estate holdings never generated any
real cash, after repairs. I own 32 living units. At the end of last year, I had about $450,000
cash (at least) generated from the initial borrowing on the visa cards, after paying back the
visa cards. I therefore think that trading can be an extremely profitable activity
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