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Technology Stocks : QUANTUM -- Ignore unavailable to you. Want to Upgrade?


To: James Nephew who wrote (4346)10/27/1997 9:18:00 PM
From: LK2  Read Replies (2) | Respond to of 9124
 
Jim, it's your money. And it's your call what you do with it.
But--
1. Don't kid yourself about paper losses. What you've got on paper (quoted market prices) is all it's worth now.

2. If you're on margin, think seriously about getting off margin. If you pay off your margin debt, you're giving up upside potential (the chance to make back what you lost, whatever). But you're also reducing your downside risk.

You have to ask yourself: how much more can I afford to lose. And you have to admit (or not, it's your choice), that even though your stocks have dropped more than you think is reasonable, they can still keep dropping more than you want to believe.

-LK

The best of luck to everyone on these threads. I had to drop out today, but I hope to get back in.