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


To: w2j2 who wrote (14231)2/10/1998 9:45:00 PM
From: Craig Stevenson  Read Replies (1) | Respond to of 29386
 
Walter,

<<Didn't you already take a couple of hits doing that in the past?>>

Yes. That's why I'm advising against it, along with Kerry and almost everyone else. Unfortunately, my online trading account is a margin account, and there isn't any way around it, unless I buy stocks under $5. ANCR doesn't qualify anymore. <g>

That said, I do believe that margin can be used to leverage a position, if good judgement is used. ANCR might not qualify yet, but at some point, they might become a good, solid company, without as much stock price volatility.

Craig