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Non-Tech : Philip Morris - A Stock For Wealth Or Poverty (MO)
MO 58.57-0.1%2:56 PM EST

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To: Hopkins who wrote (6103)1/31/2001 12:10:49 PM
From: md1derful  Read Replies (1) of 6439
 
Hop: Agreed, but the problem is she missed by a penny, for whatever reason and had a decent runup to earnings...I therefore quickly shorted some Feb 42.5 calls against my position and will gladly give the leaps up at stock price of 44.5....I think she may get punished in the short term tho...we'll see..would look to reestablish a long leap position around 40 if it ever came to that

doc
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