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Technology Stocks : SDL, Inc. [Nasdaq: SDLI] -- Ignore unavailable to you. Want to Upgrade?


To: sam who wrote (1220)4/25/2000 12:52:00 PM
From: pat mudge  Read Replies (1) | Respond to of 3951
 
Sam --

I'm not sure the FO plays got "lumped" with the others in the traditional sense. But when someone gets a margin call I suspect they sell whatever they can to meet the demand. After awhile even the good stuff goes down.

In periods like we've just been through, I'm just grateful I survived. Even though I don't do options and I use margin "very conservatively," there were a couple days I wondered if I'd get a call. I put conservatively in quotes as it becomes relative when we see drops that make the face of the Eiger look like a handicap ramp.

Call me the Cowardly Optimist. :)

Pat