BFT: Will the tulip craze ever break down? Message Board

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Strategies & Market Trends : BFT: Will the tulip craze ever break down?

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To: Pancho Villa who wrote (641)	6/28/1999 10:53:00 AM
From: TAPDOG	Read Replies (1) of 650

Pancho- I assume you've retired from BFT commentary. Still, I'm thinking that even if BFT isn't as bad as you've always argued, it's a pretty high p/e stock in a rising interest rate environment and it's trading near its highs. The puts seem pretty cheap. I just bought the Nov 25 puts for $2. Any comments?

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