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

To: TimF who wrote (107989)4/26/2000 5:46:00 PM
From: tejek  Read Replies (1) | Respond to of 1571973
 
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.

I think you are being smart....I am still working to get my margin percentage down below 20%. And one of the posters on the AREM Yahoo board just announced yesterday he had to sell all his AREM stock to cover his margin call....its scary. He got into the stock about the same time as I did.....around 8....its currently around 30. He didn't lose his profit but will have to pay short term gains.

ted



To: TimF who wrote (107989)4/26/2000 8:16:00 PM
From: kash johal  Read Replies (1) | Respond to of 1571973
 
Tw,

I think when you have a modest position then going balls to the wall is the best way.

Having said that: remember to take a profit on the way.

Sometimes you can hold too long and kick yourself.

Good luck.

regards,

Kash


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