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To: brian h who wrote (2153)3/10/1998 12:13:00 AM
From: Angelo J Cici  Respond to of 10852
 
Ok, this is what I am talking about...

$20,000 can buy 2200 shares of ORBI at $18 on Margin!

ORBI at $43 is worth about 95,000...

But when you buy additional shares as your equity goes up
you have even more money!

As Orbi went up, I bought more shares on growing equity in my
account on margin. I bought 100 more shares about every couple
points up and sold naked puts as an option sometimes to reduce
the margin!

Today I have about 3500 shares of ORBI, a few hundred shares of
Biogen and a couple hundred naked puts on Yahoo at 70 Apr strike!!

Rocket science in wealth creation! It sounds like you are inexperienced in margin trading!