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To: Glenn D. Rudolph who wrote (101585)4/18/2000 5:22:00 PM
From: Danny  Read Replies (1) | Respond to of 164684
 
Glen, no no no. Dont get me wrong. I am in no way of
asking anyone to sell. In fact, I think people should
hold all the stocks they bought in the past 2 weeks and
they will be greatly rewarded in long term.

It's just that my own investment style really really
hates margin. I almost never use margin with only a
few exceptions. With NASDAQ down almost 40% yesterday,
I felt reasonably safe to go on margin.

So, based on this style, I am inclined to sell some
to lift the margin requirements. But, in no way am I
going to sell my key positions acquired in the past
two weeks. If NASDAQ really wants to go back to 2000,
so be it, and I will then margin 25% to buy even more:)