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Technology Stocks : Mbrane (NASDAQ: MBRN) - An enterprise solution? -- Ignore unavailable to you. Want to Upgrade?


To: Veiko Herne who wrote (999)4/4/2000 12:45:00 PM
From: LTK007  Read Replies (1) | Respond to of 1238
 
veiko,i ALWAYS advise against margin----sorry.max



To: Veiko Herne who wrote (999)4/4/2000 1:12:00 PM
From: Jatin Kadakia  Read Replies (2) | Respond to of 1238
 
Veiko,

Stay away from margin. The current downward pressure on NAZ is coming from investors getting margin calls. I learned my lesson in 1987 and have not bought anything on margin since then (I like to sleep well at night, you know!). Bought a bunch of SCOC at 7 1/2 and 7 1/4 as well some CNTR at 6 15/16. Will sell on any rebound for 1/2 or 1 point gain. if not, then they will end up in core holding. Due to margin calling, it will be other way around. Those in red will have to start sending checks to their brokers. Forget buying homes and cars. They may be selling them cheap a la Korea and Taiwan a couple of years ago. I could have bought an year old Benz (E320 or better) for less than 20K then.

JK (glad to be back home)