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Pastimes : All Clowns Must Be Destroyed -- Ignore unavailable to you. Want to Upgrade?

To: MythMan who wrote (12729)	2/24/2000 6:53:00 PM
From: Lucretius	Read Replies (1) \| Respond to of 42523

ROFLMAO.. check this out: per fleck: In the mania chronicles... I want to share an email a reader sent me from a Yahoo message board about a speculation gone bad. We should point out though that this stock has split 2-for-1, so some of the numbers don't make sense. I can't vouch for the accuracy of this particular post, but if it turns out to be a spoof, I think the point survives. Because if things like this haven't happened already, unfortunately they will happen down the road. "Took equity line equal to 125% of my homes value in May 99. Put money in my brokerage account, set up margin, went on margin 100% when athm was 175, rode it to 199 then all the way down to here. "House was sold, fortunately it's a real strong market so was able to cover total 125% loan. Used balance of proceeds to pay off 50% of margin debt, of course the brokerage sold most of my equities awhile ago to cover the calls. "I'm now working 2 jobs, and am moving back in with mom, with my wife who is 6 months pregnant. My wife is also working two jobs days at shoprite and nights at Rite Aid. She's making pretty good money but her feet are getting real swollen. "We figure that we should be out from under in 3 years, or if athm gets to 200."