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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: tejek who wrote (107369)	4/22/2000 1:14:00 PM
From: TimF	Read Replies (1) \| Respond to of 1571931

Thanks for the advice. Maybe 20% is too much margin. I will examine how margined I actually want to be, but whatever level I choose it will not be very high. Tim

To: tejek who wrote (107369)	4/22/2000 1:47:00 PM
From: eplace	Read Replies (3) \| Respond to of 1571931

Ted...re: Even if AMD does not look likely to collapse, there is a very good chance the markets will and they could take AMD down with it. I will never again exceed 10% when on margin....I have learned that that's as risky as I need to get. ted Ted, well said. I think that is lost on a lot of people on the thread. I could borrow thousands to finance some more AMD shares or options, but I will not do that. I think AMD is going much higher, but no one here can accurately predict by how much or when. The danger of Nasdaq suffering another 1000 point or more decline is something we should all consider a possibility(especially the options players). It is hard to predict how a move like that would impact our favorite stock. Also, Goutama had posted that institutional investors have a large percentage of the stock now. That means all of us small investors are at their mercy now. There is no telling what they will do in a severe down move. Regards Ed P.

To: tejek who wrote (107369)	4/22/2000 2:03:00 PM
From: TimF	Read Replies (2) \| Respond to of 1571931

RE: I say this to you because you already are on margin.....you borrowed $1000 from your discover card. This is true, and I have to pay a higher rate for that $1000 then I would have to if I borrowed from my broker. But I will pay it off in a couple of months and I won't get a margin call from Discover. Tim

To: tejek who wrote (107369)	4/26/2000 5:34:00 PM
From: TimF	Read Replies (2) \| Respond to of 1571931

Margin I did buy some shares for 77 1/4 on margin. I am currently 13% margined. I am about 18% margined if you include the credit card advance but I hope to pay that back soon. The only way I would not pay it back in a month is if I instead take the money to pay it back and buy 1 January call. If I do this I will pay back the credit card debt in two months. The only way I will be disasterously overextended is if AMD totally tanks and I get fired all within two months... Even then I think I could find another job quickly still that is a scary (if very unlikely) thought. After this 2 month period I will probably stop investing for awile as I reestablish my cash reserve. I drew down my cash reserve to invest (mostly in AMD) and I think it is prudent to build in back up again. After I save up several thousand dollars, I will either look into investing more or pay back my margin debt. Tim