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

To: tejek who wrote (125132)	10/2/2000 4:24:11 PM
From: chic_hearne	Read Replies (1) \| Respond to of 1577869

Re: All I was saying is that kind of volatility.....wishing for the teens....may be good for you but may not be for others Ted, I'm not really wishing for the teens, I just think it will happen for a few reasons. 1) Intel is going to break $40 soon. 2) MU earnings could be terrible 3) the trend in the tape is down, I'm not fighting it. I don't think there's anything wrong with being realistic. There have been a couple of people who have said on the mod thread that they have had margin calls and some of their shares have been sold....and I am sure there are others who are experiencing the same problem but have said nothing. I'm sorry, but I have little pity for people on margin. My advice is don't use it, but if you do don't cry about it later. I was lucky, I saw a few people get destroyed which convinced me to stay away (aside for very short term trades I occationally make [a few hours]). chic

To: tejek who wrote (125132)	10/2/2000 4:39:57 PM
From: tejek	Respond to of 1577869

So much for my theory that we were holding at $23-24...it seems in the last 15 minutes of trading we broke thru 23.....while Intel held at $40. At 4:02 stock recovered to $23 1/4; still trying to hold at 23.