Philip Morris - A Stock For Wealth Or Poverty (MO) Message Board

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Non-Tech : Philip Morris - A Stock For Wealth Or Poverty (MO)

MO 64.01

+2.8%

2:47 PM EST

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To: Theo Karantsalis who wrote (3993)	6/21/1999 1:38:00 PM
From: md1derful	Read Replies (1) of 6439

OK Boys, here's what I did..I sold the most near term expiring leaps and covered the remaining leaps with July 40 puts today..in anticipation of losing the big one...once we lose and go down, I'll buy back the leap strike price hopefully at a lower price..there is no way this stock goes up if we lose and I think we should prepare for that...kinda like preparing for the hurricane season, huh Theo...

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