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Politics : Ask Michael Burke
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To: PaperChase who wrote (28642)5/29/1998 5:40:00 PM
From: Knighty Tin  Read Replies (4) of 132070
 
PC, I think you have hit on the bull's achilles heel. Buying calls because they are dim can be a good speculation and it may work in a fairly high visibility stock like Cabletron. Those writeoffs seem to fool them every time, and when they finally catch on, all you lose is a little premium.

DIMD is still around? <G> I laugh because I just mentioned it in a reply to Kathleen above as a former bright star that burned out.

MB
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