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Politics : Ask Michael Burke
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To: Knighty Tin who wrote (31505)8/25/1998 5:05:00 PM
From: PaperChase  Read Replies (1) of 132070
 
MB. As a follow-up to my previous post about CIEN, it could be logically argued that why would I write a covered $35 call if I thought CIEN would go to the low $40's. Essentially I see it as hedging my risk if the deal should fall thru or if my ratio for the acquisition is too high. I also think it might be easy money. <G>
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