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Non-Tech : Wal-Mart
WMT 114.13+0.9%10:28 AM EST

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To: Jack L. Dlugach who wrote (44)7/1/1997 8:24:00 PM
From: Leo Francis   of 1166
 
Jack, I too do not believe in gambling with options. I basically manage three personal portfolios. One is a core investment portfolio, which is based on fundamentals, and supported by technicals, and is medium to long term. One is a trading portfolio based on technicals, and supported by fundamentals, and is short term. And the third is a 401k rollover which I usually put into a managed fund. Currently its with PBGHX.

My current WMT short is part of my trading portfolio. I just thought this would help put my discussion of the WMT over valuation in better perspective. Good Trading! LF
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