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Pastimes : Home on the range where the buffalo roam

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To: freeus who wrote (7296)	12/7/2000 3:05:26 PM
From: mishedlo	Read Replies (1) of 13572

Puts on these are very expensive as they are volatile unlike CSCO and IBM IBM is a great PUT play on any bounce at all - hoping it gets to 100 again The reason I bought CIEN puts was twofold 1) you can not short in an IRA 2) I was worried about an earnings bounce The reason I hold BU$$ call rather than common is that in the event of a bad ruling against RMBS - I want my losses limited I have no Idea how much more up there is in JNPR. I am pretty sure that anything above 160 is a no brainer. May buy strike 90 leap puts at that price M

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