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Microcap & Penny Stocks : VLVT (was CSMA) -- Ignore unavailable to you. Want to Upgrade?

To: Steven Durrington who wrote (3540)	12/14/1997 10:32:00 AM
From: David Smith	Respond to of 11708

Nope, I have been to Vegas many times but I am not much of a gambler. No real interest there. No matter what I make, I will not mismanage money. I will buy another nice car and a propjet plane, both used and already depreciated. Maybe a small boat, also used. For jewelery, I always go to the gem and jewelery shows, wholesale section. I will spend more money, but the way I spend will stay the same. No sense in throwing away good money. David

To: Steven Durrington who wrote (3540)	12/14/1997 10:34:00 AM
From: TraderGreg	Read Replies (1) \| Respond to of 11708

<I also read a study that showed 92% of people who won lotteries were back at square one (or even broke !)within 5 years of winning.> Good point Durro, it's like the cork is popped and pent up desires to spend crazily are unleashed. < my long-term goal is not to sell any shares but to live on the margining of a small amount of stock and not paying any tax on the margin I am living on-- David Smith> This cures that crazy spending spree...but I have heard that there are cases where stocks plummet, lose their marginability and the margin calls pile drive the stock down mercilessly. "You're never really up or down...until you sell."--IRS TG