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


To: Jean M. Gauthier who wrote (104305)2/23/1999 6:57:00 PM
From: Joseph Francis Torti  Respond to of 176387
 
Your a compulsive gambler Jean you will lose it all mark my words. My brother did a similar thing last year. Another day like 08/18/98 you will be sorry. Another thing if your line of credit outfit find out you are buying stocks with the money I would not be surprised if they closed your line of credit down. It happen to me fives years ago. And I have triple A credit.



To: Jean M. Gauthier who wrote (104305)2/23/1999 7:05:00 PM
From: BGR  Read Replies (1) | Respond to of 176387
 
Jean,

You are kidding, right?

If you are actually serious, I think you should ask some more-margined members in this thread who went through DELL's drop from 110 to 76 for advice.

-BGR.



To: Jean M. Gauthier who wrote (104305)2/23/1999 8:08:00 PM
From: Sig  Respond to of 176387
 
<<<Is there a better way ( to find investment money)????
Not that you want to hear about(G)
Long, long ago( thats about 35 years), when I had to work at Bo-Bo-Bo-Boe-Boe, ah, at Company "X", I got a home improvement loan
from the Bank where my credit union was located. It was called the B-B-Bo-Boe-, ahh, Company "X" bank branch.
Since I was always working on the house anyway, and there was no restriction on the interim use of the funds, I kept it at the broker, invested in stocks, until it came time to buy some materials with it.
Washington Energy and Puget Sound Power paid around 12%
dividends and would ( you may not believe this) actually go up
in price during the year. In ten years WECO went up from around $12/sh to $25/sh and had about 1 1/2 stock splits.Volatility seemed non-existant. Could call it the Dell from H&**.
Summary: Find an asset you cant possibly lose and work from there. Sig







To: Jean M. Gauthier who wrote (104305)2/24/1999 10:14:00 AM
From: edamo  Read Replies (1) | Respond to of 176387
 
buying stock that you can't afford...

not the one to comment on margin, as i only advocate it's use for a short term, sort of a bridge loan...enabling you to open a position before you close another...margin can be fatal...it's perceived by many and sometimes touted by aggressive brokers as the proverbial easy money...i'm conservative, if i can't afford 100 shares of dell, msft, intc, whatever...i buy what i can afford, even if it is 10 shares rather have 10 shares of quality than 100 shares of mediocrity..

if you intent on using leverage, then buy a derivitive such as a leap call...you can buy a hundred share contract at a reduced price to the underlying, but there is a time element involved..it does give one an opportunity for great returns, but also the possibility of losing all the money you paid for the contract...it's a risk/reward decision you and you alone must make...good luck ed a.