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Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?

To: Elroy who wrote (143371)	7/6/2006 10:44:20 AM
From: manalagi	Read Replies (2) \| Respond to of 152472

I don't think you understand what margin is. I wrote that if a person owns qcom on margin, he/she should get out of the margin asap because not only his equity be wiped out, there will be more to pay. If you own a stock not on margin, the most a person can lose is the the equity. Example: Stock is at $ 100, bought on margin, let just say 50%. This means broker lends you $ 50, and you put $ 50. Stock goes down to $ 30 (of course there will be margin call before it hits that number), you lose everything and still owes the broker an additional $ 20. To me Qcom is an investment even though I have loved ones who happily work there. So, my decision is how the stock will perform. However if you are in love with QCOM as a stock, you are right, the rest of my post is not worth reading.