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Non-Tech : Knight/Trimark Group, Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Sir Francis Drake who wrote (3408)	8/11/1999 1:44:00 PM
From: mnreddy	Read Replies (1) \| Respond to of 10027

Morgan and Herschel, The following is my plan, I really appreciate your input. I have been covering margin call requirements with cash since April, i am almost tired of this and sincerely acknowledge my mistake. Sell all my NITe stocks at a reasonable price(This is again relative) and start accumulating CASH position. I will keep on accumulating NITE as cash becomes available to me. All I am trying to achieve here is a good night sleep and wise unemotional long term accumulation. I may use margin in the future if mouth watering opportunity comes up, that too may be upto 25%. Learnt a big lesson here not to buy on margin to the fullest extent for a long term position. I always thought of doing this at the right price(actually mid sixties) but I have to compromise for mid 30's. *No choice* What would you do, if you were me? Regards murli N Reddy