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Politics : Ask Michael Burke
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To: Knighty Tin who wrote (650)8/22/1996 4:48:00 PM
From: Paul Moerman   of 132070
 
Hiya MB! Took my second, 1/3 position today in GATE Dec 40 puts. Man, the common is really strong right now! Any guess how much higher it will go? Have you been nibbling yet or are you holding off? Still think GATE is the best boxmaker to buy puts on?

If MUEI goes back up to $16 or so, I'm going to think about some $15 puts on it as well. Any thoughts?

(MU is looking good again too, although I already have a full position - I wonder who's doing all the buying right now?)

Regards,
PM
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