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Technology Stocks : McAfee - network mgmt and security software
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To: Michael Burry who wrote (19)7/8/1996 10:52:00 PM
From: guy leung   of 66
 
I also am very worried about the overall market and am watching my
longs very carefully. I took a different approach to MCAF than you
though. I bought puts to protect my downside. The reason I didn't
sell calls instead was that I didn't want to have my stock called away
if it went higher and I wanted more protection than just a couple of
dollars for some calls just in case this market got crazy and went down
really hard.
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