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Technology Stocks : The New QLogic (ANCR) -- Ignore unavailable to you. Want to Upgrade?


To: craig crawford who wrote (14224)2/10/1998 9:23:00 PM
From: Craig Stevenson  Respond to of 29386
 
Craig C.,

<<Don't buy ANCR on margin, puhleeeze don't buy ANCR on margin.>>

Just because I'm buying ANCR on my margin account, doesn't necessarily mean that I don't have sufficient cash to cover my shares. That's what I meant about not using the buying power that I have. (At least not until I'm sure. <g>) I think that is what gets people into trouble. They continue to leverage their position on the way up, and any downturn is a disaster due to the number of shares they hold.

Craig



To: craig crawford who wrote (14224)2/11/1998 12:38:00 AM
From: BuzzVA  Respond to of 29386
 
You guys are nuts! Don't buy ANCR on margin, puhleeeze don't buy ANCR on margin. A recipe for disaster if you ask me...

craig, for once I TOTALLY agree with you. <gg> Scary. ;~)