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To: stiltz1 who wrote (8991)2/25/1999 2:21:00 PM
From: Trio  Read Replies (1) | Respond to of 27722
 
Stilz1 - I agree. Also today's volume has already exceeded yesterday's (even though we lost a point yesterday). Some selling of NAVR could be due to margin calls for those who have other stocks dropping. As you probably know some people truly have the gambling spirit and buy on margin. Some even take cash advances on credit cards to finance their stock play figuring a big return on an IPO will pay off the card plus interest and give them a huge profit. VERY Risky. I've seen people in my practice who've done this and lost, thus creating extremely painful and unnecessary marital distress. Regards Neal