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To: Scrapps who wrote (4780)4/27/1999 2:18:00 PM
From: Randomm  Respond to of 28311
 
Scrapps,

Hey, not a bad idea!!! LOL At 3.9% interest it is definitely worth thinking about. A lot cheaper than on margin!

Let's see stock price is at approx. $160 a share. Buy 125 shares for a total of $20 grand. Stock will go to at least 200.00 the closer we get to anticipation of split..........sell at 200 and you've made an extra 5,000 minus commission costs and $65 interest fees in one months time............

Or hold for five months and pay 325.00 in interest. You'll have double the shares, and know telling what the share price would be!

It is a great idea! Will take it into consideration, the more I think about it..... the better I like it! LOL