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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 239.16+2.1%Jan 23 9:30 AM EST

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To: KeepItSimple who wrote (52038)4/22/1999 8:09:00 AM
From: Glenn D. Rudolph  Read Replies (1) of 164684
 
Glenn was quoted in the WSJ as saying he got a margin call, due to ONE DOWN DAY.
Apparently a ton of other 'investors' did too.

What would happen if there were two down days like that? How long before personal
finances were ruined and the game finally ended?


KIS,

Was there anything that stated I would have difficulty meeting a margin call? You believe all my assets are in one trading account?

The down day was a great buying opportunity and I used margin leverage to the max in that account.

Glenn
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