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Technology Stocks : CDRD (CD Radio)

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To: BARRY ALLEN who wrote (458)12/3/1997 10:16:00 PM
From: Ploni   of 904
 
Off-topic

Barry, I had bought KO Nov 60 puts back in late June when the stock was around 71, and sold them in September and October when the stock dropped below 60. I don't think sugar water is worth a P/E of 40. In fact, I don't even know if KO is growing earnings at all, as they play cute tricks such as selling bottlers every year, which is always good for a few cents/share. If KO climbs above 70 any time soon, I'll buy some more puts -- if the implied volatility is in the ball-park with reality.

I bought April 67.5 puts on PG last week, and so far the stock has continued moving up. But April is far away.

I don't know much about CSCO, so I'd have to research it first.

Maybe we can convert you to a short on CDRD; you seem like a nice guy ;-)
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