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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (68112)9/23/1999 3:42:00 PM
From: AurumRabosa  Read Replies (1) of 132070
 
MB, I think the MU puts are a good idea and I'm staring at quotes now. The only reservation I have is that INTC invested in them and is likely to support the price at some point. They do that with INTC stock, on dips they sell a boatload of puts and then use the stock buyback program to support and lift the price. I don't believe they've ever been put on their puts.
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