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To: John Hauser who wrote (53505)7/23/1998 3:47:00 PM
From: Diamond Jim  Read Replies (3) | Respond to of 176387
 
They work in that you buy with the brokerages money, if the stock drops, you either pay up or they sell your stock at market value, IMO, don't margin, period, been there done that. It's great if the stock goes up.<G>

jim



To: John Hauser who wrote (53505)7/23/1998 3:56:00 PM
From: Venkie  Read Replies (1) | Respond to of 176387
 
Its like credit..borrowed cash and its kinda scary at times like these



To: John Hauser who wrote (53505)7/23/1998 3:56:00 PM
From: SecularBull  Read Replies (1) | Respond to of 176387
 
Imagine buying stocks on your VISA at a much lower rate, and then guaranteeing that loan with the stocks in your portfolio. That's all you need to know! <VBG>

LoD


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