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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (24114)10/27/1997 11:54:00 AM
From: valueminded  Read Replies (1) of 132070
 
Mike:

Thanks for responce. What kind of a sign would you look for on AOL. Methinks it wont be earnings since non is expected in the near future. Perhaps a drop in users as might signal it ?

At any rate, what do you recommend puts on as of late. I tried this morning on SOX and missed as it gapped up. I own puts on gtw and mu and hwp but have not had a chance to add to the mu as it has been tanking pretty hard every day. It appears that they still expect earnings of more than last quarter for this stock. Highly unlikely as the asp has dropped precitpitously from the 6.5 they quoted last quarter.

Do you have any additional put positions you would add at this point? (ps no reason to limit to technology stocks) I had been evaluating oxford health plan puts but missed the big move on that one.

thanks
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