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To: zurdo who wrote (13074)4/4/1999 1:11:00 PM
From: Patric  Read Replies (3) | Respond to of 27722
 
zurdo,

<<Who would want to buy NAVR (or any other stock) on margin???>>
I think the good Dr.'s point was that you can only sell short in a margin account, at least with any brokerage I have ever heard of. Try doing it in an IRA or any other account with no margin authority--can't be done. If Schwab won't let its customers margin NAVR, then it is effectively ruling out shorting the stock for its customers. I'm sure not all brokerages have done the same with NAVR but more may do so before all is said and done.

#B~}>



To: zurdo who wrote (13074)4/4/1999 3:39:00 PM
From: Marketeer  Read Replies (2) | Respond to of 27722
 
Zurdo, I do!

I haven't used margin since DBCC back in January, but I certainly plan on loading up on margin sometime after NETR's S1A is filed. Too bad that I can't short NAVR on the anticipated down draft after the IPO, ala DBCC. That's why I have to milk it for all it's worth on the way up. For those who are planning on doing the same, don't be too greedy! Don't make the mistake of leaving zero margin of error.

Question for all of you. What is your exit strategy?

Marketeer