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Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Sig who wrote (91834)	1/27/1999 2:31:00 PM
From: Lee	Read Replies (1) \| Respond to of 176387

Hi Sig,..Re:. Now, in hindsight, I would encourage any investor to learn about using it as soon as possible. Thanks Sig. Appreciate the answer but Arthur (Leavitt of the SEC) just issued a warning statement about the use of margin and on-line trading! Do you think he's reading the SI threads? LOL! Will investigate carefully and if the decision is to use it, I'm sure it will be in tiny steps. Thanks again, Lee

To: Sig who wrote (91834)	1/27/1999 6:18:00 PM
From: Sig	Read Replies (2) \| Respond to of 176387

<<< But for stocks, it's different. Using the broker's money with interest of course. Have you used stock margin and what is your experience? >>> To continue our margins discussion, in this case on a major stock account... 1. The last stock I will ever sell is Dell, all else goes first msft, aol, the whole equities bundle to keep the Dell. 2. I use as much margin as I feel safe with. Which means Dell could drop around $25/sh without a margin call. 3. I actually am never totally happy while in margin, but that's just paying with a bit of pain for the privelege of making xxxxxx$ not otherwise achievable. 4. I have plenty of other assets around to cover (several times over) the amount I owe on margin. BUT I don't WANT to sell the Msft, the Yhoo, the AOl, or get a loan or whatever. 5. The matter of deciding how much margin to use is an individuals choice, based upon ones other assets and income,so I can't really help much.But if we are only talking Dell, I would try to not be in a position of getting a margin call with Dell still above $66, maybe $72 tops. 6. Now you see the limitations here, as I am no help whatever to someone trying to achieving instant wealth by maxing out a margin account and having to worry when Dell drops $10 sh.. To do that I would buy calls and writeoff a possible loss at the instant of buying them. Then pray a lot. (it's hard to write this stuff and still have it decipherable) Regards Sig