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To: pater tenebrarum who wrote (100567)5/8/2001 5:37:51 PM
From: mishedlo  Read Replies (2) | Respond to of 436258
 
I know someone with his entire life savings in RMBS. Ecxcept it is no longer savings. He borrowed 5 credit cards last jan maxed all of them out in cash to buy RMBS almost where it is now. Never took any off the table. In fact on several dips he went on margin and was 50% on margin at 30 and never got off margin until he got a loan from a friend on the drop from 30 to 16. So now he still has all that debt plus a debt to a friend and less shares than he started with on a split adjusted basis.

M