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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (23908)10/23/1997 9:46:00 PM
From: Kerry Phineas  Read Replies (1) of 132070
 
But MB, Ted Waitt(sp?) is a member of the Forbes 400, so he's gotta be smart. -g- Just bought some puts on AOL, to go along with the TXN and MU puts I've already got. The TXN puts aren't budging as the stock drops, though; the implied volatility was amazingly high when the stock was in the 130's, I guess. Also short AOL and YHOO, and not too worried about a short squeeze; not necessarily because I'm sure the stocks are going down, but moreso b/c I plan to be drinking a lot of tequila in the next few months. Good luck.
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