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Technology Stocks : PSFT - Fiscal 1998 - Discussion for the next year -- Ignore unavailable to you. Want to Upgrade?

To: V3 who wrote (2867)	10/19/1998 6:20:00 PM
From: Raptor	Read Replies (1) \| Respond to of 4509

Robin .. I am margined like you, but wanted to make a last minute move PSFT put me to sleep this morning and I was so busy this afternoon, I didn't think to check and it moved big time. Will try tomorrow. I think I want to pick some up, make a quick profit by selling it and some other I have for a loss, wait for the after-euphoria selling and profit-taking so it settles down a bit and then buy back what I sold for a loss. I may as well get some kind of tax loss for 1998 to console myself. Anyway, I am betting PSFT is back 'cause it never left, so the competition has better look out.

To: V3 who wrote (2867)	10/20/1998 5:07:00 AM
From: Lutz Moeller	Read Replies (4) \| Respond to of 4509

To: Robin Lorielle Kistner From: Lutz Moeller Tuesday, Oct 20 1998 5:05AM EST -Preview- Hallo Robin how can You be 100% on margin? My borrow agreement is to have at least 50% collateral on 100% stock = 50% margin. When in this case the stock value dives, I will be called for more collateral, or the lender may sell stock to bring the margin down. Such ugly margin caused sell will happen at a low stock price, meaning a loss! How do You count? Regards Lutz und viel Glück!

To: V3 who wrote (2867)	10/20/1998 8:37:00 PM
From: Paul Loucks	Read Replies (1) \| Respond to of 4509

Robin: You stated that you were margined big-time on PSFT. Free advise (worth exactly what you are paying for it) - If you see any opportunity to get out tomorrow without suffering a big loss, do so. You seem green and this stock is like dynamite right now. Assess the situation for a day or two and then if you wish to buy, do so but at a level where you can afford to (ie. if it goes down 30-40% you won't lose your life savings). Paul P.S. I hope your studying goes better than Peoplesoft.