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Non-Tech : WAMU (WM)
WM 195.99-1.9%9:30 AM EST
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To: Mr. Jimmy who wrote (77)1/26/2000 1:17:00 PM
From: tuck   of 116
 
Mr. Jimmy,

You and I, among others, have hit upon something that tech investors tend to forget. That low premies on bank stock options are made up for by the dividends, yielding an equal return from a less risky stock. Looking forward to all those 22.5 puts I sold expiring worthless. I have a few shares of actual stock, too, and that position will double should WM be under $25 on 2/18. And I wouldn't mind that much.

Cheers, Tuck
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