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Strategies & Market Trends : Dave Gore's Trades That Make Sense

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To: SusieQ1065 who wrote (10508)8/4/2002 3:05:52 PM
From: Dave Gore   of 16631
 
Susie, that is superb information. Personally I think these stocks and others with options expensing issues could get hurt near term whether options expensing requirements happen or not.

I'd also like to see a further breakdown on how close to exercise price the options are. Apple may be #2, but what if the exercise price is $40, far out of the money, for instance? We need much more detailed breakdowns of info than what CNN gave. I hope it happens.

BTW - It's the fear that they "might" be hurt that could result in price erosion. GE and others that won't be hurt are smartly agreeing to expense options voluntarily. That will put pressure on all to report and certainly shine a light. The media loves this kind of negative stuff, bless their hearts.

BTW#2 -- the term "bless their hearts" at the end of a sentence (often used by southerners) is a magical phrase. If you end a sentence like that, you can often get away with saying almost anything derogatory. See, this is the kind of hard-hitting data you don't get on other threads and why Forbes gave me a top rating. LOL!

e.g. "That's the homeliest baby I've ever seen, bless its (sweet) heart"

"Sweet" is an extra nice added touch when talking about babies.
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