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To: PerryA who wrote (37721)	4/14/1998 4:09:00 AM
From: Dan B.	Respond to of 176387

Ok. I'm thinking...waiting...waiting..waiting. Oh! Margin calls! That would be when you are asked to pay up a larger part of the cost of some shares you never completely paid for in the first place. Hmmm. Think about that-is that a loss or merely paying up for something you've agreed to pay for? It's the latter. And if you meet the call, is the game over? Have you taken a loss yet? No- you might win still!- Hence this too is called a paper loss and is a very different animal from an actual loss. If the stock then rose above your buy price you'd take a gain, and for all that, gee, no loss ever shows up on the books- hmmm, I wonder where it went if I'm so foolish in this? Seems I'm still right, sir. If you dumped the position instead of paying the call or actually buying outright at the full agreed price, or the company disappeared, THEN the game is over and you've finally had a real loss. It's still the same and Econ 101 still rules. I am a fool like us all, but you don't seem to have figured out why yet! And when I finally become perfect I don't want to hear talk like that from you anymore!