Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: energyplay who wrote (46783)	2/28/2004 6:33:10 PM
From: TobagoJack	Read Replies (1) of 74559

Hi EP, <<considering buying out of the money LEAP call options on PD, N, maybe BHP>> Speaking as a on-line PC gamer, evaluating the upside and down abyss, I say: - when it goes, it all goes, indiscriminately, especially the derivatives that disintegrate over time - how much is a company worth if it doesn't payout anything, especially when paper is worth less, and payouts are worth more - folks can do without metal for a while, but not energy Chugs, J

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