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To: llopez who wrote (19888)	5/23/2000 10:19:00 PM
From: elpolvo	Read Replies (1) \| Respond to of 35685

lopez- why don't you sell covered calls on some of your QCOM holdings? enough to cover your margin for monday. do the same on tuesday if need be. that's what i'd do at this point. i sure would hate to let anything go at these low levels... but if it came down to selling off shares to satisfy margin, i'd sell some of the QCOM or ELON since you're still up on those. (disclaimer: i'm a comedian, not an investment advisor) love, -polvie

To: llopez who wrote (19888)	5/23/2000 10:53:00 PM
From: lindelgs	Respond to of 35685

Hi Llopez - had the same thought as Polvie - if Q not covered, you could sell leaps (Jan 02's) would add some equity back to account if you didn't want to sell shares. Good luck to you, Legs edreyfus.com

To: llopez who wrote (19888)	5/23/2000 11:30:00 PM
From: LLCF	Read Replies (2) \| Respond to of 35685

<I am stuck, if I sell everything I will be TAXED out of any Capital to work with> No you won't you have losers you can sell as well... I'm not telling you what to do, but the previous poster is a bone head. If you sell calls to cover margin you may well have to buy them back in order to sell your stock on the NEXT margin call. Sit down with your position and evaluate the possibilities in a systematic calm manner... if you have to sell just do it, or the house will do it for you. DAK

To: llopez who wrote (19888)	5/24/2000 12:19:00 AM
From: elpolvo	Read Replies (1) \| Respond to of 35685

amigo lopez- no escucha el asesino del clown. ‚l no es uno de nosotros. el asesino del clown (rote) If you sell calls to cover margin you may well have to buy them back in order to sell your stock on the NEXT margin call. if you get a NEXT margin call it's because prices dropped even further. if you have to buy back the calls, they'll be cheaper than what you received for selling them and the difference is PROFIT that you would not have made otherwise. bone head he called me... he could be right. :-) <polvie sticks out his tongue and gives the bronx cheer>

To: llopez who wrote (19888)	5/24/2000 12:45:00 AM
From: Bald Man from Mars	Read Replies (3) \| Respond to of 35685

dude, seriously, If I were you, I will sell everything

To: llopez who wrote (19888)	5/24/2000 9:19:00 AM
From: J.B.C.	Respond to of 35685

My advice, get off margin pay the taxes get some cash. This will get worse, you're on margin long in a bear market, a recipe for disaster. Respect the bear, he can rip you to shreds, so far he's been playing with you like a cat does a mouse before the kill. The tax pain will be less than the loss. Sit down and figure this impact; Q @ $40, Elon @ $25, GSTRF filed for bankruptcy, GBLX @$15. If you think that scenario is better than paying taxes on profits taken and no margin calls, then by all mean ride it out. Disclaimer: I'm not saying that that's where the above stock prices could go, just that it's possible as a worse nightmare. Jim

To: llopez who wrote (19888)	5/24/2000 2:06:00 PM
From: elpolvo	Read Replies (2) \| Respond to of 35685

A MESSAGE TO LOPEZ: se¤or lopez- que pasa dude? many here are concerned. many have responded to your plea for help to anyone who would listen. this is not an easy or safe thing to do in this situation because no one knows for sure where the market will go in the short term. no one knows how long the market will continue to falter. you have received several open opinions of strategy to consider and i know of at least one private message of strategy that was sent to you. it takes courage to offer an investment opinion to a stranger in, what sounds like desperation, when so many uncertainties exist in the market. i think it is commendable that people have openly given you possible strategies and depending on your personal financial needs, any of them could be valid options for you (i did not read any response that i suspected was not genuinely offered with your interests in mind) yet we have not heard a peep from you. something doesn't sit right with that. you wrote on tuesday: Have tapped all cash available and have a margin call of 9000.00 for Monday and one to coming for Tuesday probably in excess of 20,000.00. something doesn't sit right with this either. all the margin calls i have ever gotten and all the ones i have ever heard of are on a tighter time frame - like 3 days or less. do you have two separate accounts? and do they both give you 5 or 6 business days to meet a margin call? because of your lack of response to anyone i'm beginning to suspect that your post was insincere and possibly a joke or prank. either that, or you're not very appreciative of concern and help extended. i like to be right as much as the next guy, but this time i hope i'm wrong. que pasa? -el bonehead