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Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?

To: dangergirl who wrote (57340)	12/29/1999 9:15:00 AM
From: MileHigh	Read Replies (1) \| Respond to of 152472

danger, If you really are a beginner and don't have a clue, be careful. I am not going to lecture and tell you to not get on the juice (margin) because almost everyone else uses it at some point in time. ~understand what margin is; it is leverage, helps on the up side and can kill you on the downside. ~Double your pleasure double your fun. ~Who ever owns Q on margin this AM is VERY VERY happy When to get off? You have to analyze your financial situation, can you afford to lose 50%-75% of your money and/or have additional cash when margin calls come? If you feel uncomfortable and can not sleep at night, you probably need to reduce your exposure. I have plenty of experiences with margin if you want to hear them via PM.... I love beginners, because GUESS WHAT? We ALL were begginers at some point! Good Luck! MileHigh PS- love your name

To: dangergirl who wrote (57340)	12/29/1999 9:21:00 AM
From: RocketMan	Respond to of 152472

About margin. I usually avoid anything lower than 90% equity (10% margin). I only go over that during times when the market is running, as it has been over the last couple of months. And even then, I only use it after the market has been running a while, to make sure it has broken out, otherwise you can get head faked. The problem with too much margin is that you can get taken out very easily in a volatile situation with margin calls, and it will always be at the bottom, trust me. And don't ever cover a margin call, sell something instead. Now, having said that, I have been at 55% margin for the last two weeks, buying Q, JDSU, and a few other solid flyers. I don't want to sell anything before the end of the year, but my plan for the first of the new year is to get out of margin completely by selling some of my winners that I think are tapped out for a while. Not sure what I will do with Q, but if I sell Q it will be to buy leaps. I think it will be dangerous to remain in much margin much into the new year, a correction will come and it will be a severe one, IMO. Don't know exactly when, but it will come. JMHO

To: dangergirl who wrote (57340)	12/29/1999 10:27:00 AM
From: Boplicity	Read Replies (4) \| Respond to of 152472

Just keep your margin at 60% or higher. I have been on margin for many many years, never once had a call. Greg

To: dangergirl who wrote (57340)	12/29/1999 10:34:00 AM
From: waverider	Read Replies (1) \| Respond to of 152472

dangergirl...see 57445...and tell Miles my note is NOT to him! Surferboy

To: dangergirl who wrote (57340)	12/29/1999 10:55:00 AM
From: y2kate	Respond to of 152472

DG- I too am margined to the max. Unlike Greg M., I have occasionally gotten a call, usually at the worst possible time. Calculating margin is a complicated business. I've been on the phone w/my broker for ages while they try and calculate it- they don't get it either! Greg's rule sounds good. Stay brave, girl-(this is some crazy ass s***!!) The people here will steer you right. (Eugene, if you find that rule book, please share!)