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Technology Stocks : Micron Only Forum

MU 284.79

-0.7%

Dec 26 9:30 AM EST

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To: valueminded who wrote (34641)	6/9/1998 10:33:00 PM
From: Knighty Tin	Read Replies (1) of 53903

Chris, You should not have that sort of argument with anyone licensed to deal in stock options. I wonder who he got to take the test for him? <G> Seriously, I have had this problem through my investing career. I remember one guy from the State of California who looked at me like a crook and told me, "young man (I was 22 years younger then), I have invested for many years. And no matter how you try to confuse the issue with your jargon, I know that any time you sell something short, you have unlimited risk." When I tried to show him, again, that shorting a put had a risk limited to the stock going to zero, he wasn't interested. He had his story and he was sticking to it. It didn't matter that he was totally wrong. <G> MB

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