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Technology Stocks : RF Micro Devices (RFMD) -- Ignore unavailable to you. Want to Upgrade?


To: robert duke who wrote (1214)11/7/1999 8:35:00 AM
From: dennis michael patterson  Read Replies (1) | Respond to of 4849
 
robert, your wife deserves the diamond because she is your wife!! With RFMD hot. you can afford it!



To: robert duke who wrote (1214)11/9/1999 1:25:00 AM
From: Warpfactor  Read Replies (2) | Respond to of 4849
 
Robert:

<<My wife told me not to buy qcom at 170 because we have 20% on margin and she thinks that is a lot. Well some much for that diamond necklace.>>

One lesson that I learned in my early days of investing is to stay away from margin. I got clocked a couple times. Turned $30,000 into $12,000 in no time flat back in '96. It's great when your stocks are moving up, but greed takes over and instead of letting up on the margin, one tends to go even deeper. When the market turns down and losses compound, it can get really ugly.

In fact, I'm still only about 80% investing right now. Got 20% in the "Strong Advantage" short-term bond fund earning about 7%. If the market tanks, I pull it out looking for a quick-hitter.

But, it sounds like you are cleaning up with RFMD. What other stocks are you invested in right now??

Warren