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Politics : High Tolerance Plasticity
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To: Raymond Duray who wrote (7646)9/10/2001 6:06:07 PM
From: energyplay  Read Replies (1) of 23153
 
With Perma-Bears like Jim Grant on TV, the bottom must be near ;-)

I sold one of my puts on SOX today, and covered a little on my tech shorts.
Way too much semi shorting going on.
Bought more consumer finance puts - lower premiums (unlike tech) and stocks in Solid downtrends.

Xilinx said sales would be down 20-25% and they were taking a big inventory write off.
XLNX off slightly after hours.

Raymond - Do you know anything about JNIC ? Fiber channel for Storage area networks...no debt, $4.50 cash, $6.00 stock price.
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