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Politics : Ask Michael Burke
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To: Doak Lambert who wrote (603)8/21/1996 11:49:00 AM
From: Knighty Tin   of 132070
 
Doak, I rarely pay much attention to short term moves, but I would guess that the move down had more to do with Gateway's move into stores with its slowwwww selling Big Screen PC. If it goes down a point with that kind of nothing competition, wait until Toshiba, Hitachi and Fujitsu start getting nasty on prices. Basically, you can multiply stock option prices by $100, so the option you mentioned would be $243.75 in real money. It is not too late to buy, but try to buy when the stock has an up day. That will put you ahead of the game. MB
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