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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club -- Ignore unavailable to you. Want to Upgrade?

To: Justa Werkenstiff who wrote (5880)	6/14/1999 11:32:00 PM
From: Carl R.	Read Replies (1) \| Respond to of 15132

The problem is that once you remove all valuation guidelines the stock price can be anything. That means the stocks can be volatile in both directions. Just be glad that the brokerage houses severely limited the marginability of these stocks. If the owners of these stocks were 50% margined they would have nothing left, and this DOT correction would be much worse. My CMGI for example is not marginable at all at Schwab, but you won't hear me complaining. Carl