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Strategies & Market Trends : Buffettology

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To: sjemmeri who wrote (2764)	2/7/2001 5:41:48 PM
From: cfimx	of 4691

Steven, I had forgotten about that. I OWN msft but didn't short the QQQ. I have been short SUNW. In fact, I was using msft as a sunw short hedge and that turned out to be a disaster, but sunw EVENTUALLY started to cooperate. I suspect it started to work about two months ago, but I have since covered my sunw short. I think one could go long lvlt and short qqq or any of the frothy things. lvlt is a go go idea with a buffetesque management. I don't think I have the stomach to short, though I think I could tolerate puts. Nice idea.

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