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Technology Stocks : Lucent Technologies (LU)
LU 2.6450.0%Dec 24 12:59 PM EST
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To: Finder who wrote (10471)10/21/1999 12:18:00 PM
From: John Chen  Read Replies (2) of 21876
 
Finder,re:"55 puts". This 'investing' is too much for me.

I can look at Nov,55,puts as a bottom, meaning someone
will want to buy at that price.

Or I can look at as you suggesting 'insurance of
catastrophy'.

Maybe it's both.

It would surprise me that CSCO,LU,NT's business will
suffer while the Nuts are flying/floating to Mars.

Something is not making sense here, I believe.
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