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Technology Stocks : Dell Technologies Inc.
DELL 122.46-8.5%3:59 PM EST

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To: BGR who wrote (129626)5/28/1999 11:49:00 AM
From: freeus  Read Replies (2) of 176387
 
DearBGR,
Of course everything you wrote is intelligent and true. On the other hand
I have much more DELL and AOL than I could have had without margin...even with the 2000 shares which I recently sold...and you are right...when I didnt want to.
I have made much more money than I could have had without margin...but it does give a lot of angst.
I cannot back puts with cash...I dont have it...my puts sold were backed by "margin cash" which can disappear (and did) at any time.
But I was able to buy back some puts with no loss or gain and one with a gain and one with a big loss...and still hold others which I expect to buy back at a gain.
I have to say that I believe that what the brokers did to us...raise margin maintenance after we already held the shares on margin stinks.
(But no, I dont want a law.)
Freeus
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