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Strategies & Market Trends : A.I.M Users Group Bulletin Board

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To: JZGalt who wrote (7537)5/27/1999 4:53:00 PM
From: OldAIMGuy  Read Replies (1) of 18928
 
Hi Dave, Most of us AIMers are pretty conservative in our asset management, yet this isn't the case according to CNBC this PM. They are indicating that, especially with the internet stocks, there's been a rash of margin calls recently. Also, they say there's more to come. They even quoted SI as one source of info on such things.

A margin squeeze could be rough on those so financed, but might create an opportunity for cash rich AIMers. Any feel for a rational price on any of the high fliers? What's a rational price for a stock with great sales growth but no foreseeable earnings?? :-)

Just thinking out loud. Along with my motto "Buy from the Scared, Sell to the Greedy!", I was just thinking how scared some margined investors might be right about now.

Best regards, Tom
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