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Technology Stocks : InfoSpace (INSP): Where GNET went! -- Ignore unavailable to you. Want to Upgrade?

To: mogwai8myball who wrote (3789)	4/18/1999 8:35:00 AM
From: robert duke	Respond to of 28311

Hey thanks, I will look into it. I try to stick to stocks thou. I don't know enough about option and other types of investments to trade them. Yet.

To: mogwai8myball who wrote (3789)	4/18/1999 11:03:00 AM
From: Hawkmoon	Read Replies (1) \| Respond to of 28311

Hello, just wanted to offer some friendly advice from one young investor to another. You might want to consider buying calls on GNET, instead of maxing out on margin. K, Good advice. If you haven't suffered through a nasty margin call, then I opine that you haven't yet learned how quickly your capital gains can turn into capital losses. The wife and I made some money last year in a Y2K stock, flipped it out and put it into another stock that looked to be making a turn-around and was trading at an insanely low P/E (I thought.. :0). So we loaded up, bought more on margin, and the next thing.. WHAM!! the company announces a surprise loss after 15 quarters of profitability. Took us down to the original amount of principal we had started out with before we have doubled our money in the Y2K stock. "Easy come... Easy go..."... NOT!!! <VBG> Playing Margin is FAR MORE DANGEROUS than playing options. And when you buy stock in a margin account, you provide access to those sinister short-sellers who borrow your shares and make you lose money... <VBG> If your stock is in a cash only account, they can't borrow and even the mmkrs have to play their short-selling strategies carefully to avoid being dreadfully squeezed. Regards, Ron