(slightly off topic again) addi, you are confused. kind of like those guys that that ran up tmso thinking it was ticket master online. i'm talking business. you are talking stock price. apples and oranges. i'm wrong on business? prove it. you can't. i'd like to see you try, though.
why am i going to buy puts? b/c the herd doesn't understand the business and its current and future challenges. the stock price, over time, will reflect fair value more accurately. $61 ain't fair value.
hey, it could go to $70. maybe $80. i bought cmb puts at 468 before it went to $77. a few months later i was sitting on 1000%+ returns. the business hasn't changed significantly from a no eps growth company. please don't be so utterly stupid as to quote seasonal growth as though it will continue into jan-march. a specific intel bull avidly does that and, in fact, lots of intel bulls are currently impressed with seasonally caused spikes. it is as stupid as saying that a decline in eps for the jan-march q will continue going forward. but, this is a rational concept so you might not get it ;-)
btw, i do consider mike burke an online buddy and i do give credit when others do the analysis.
remember, the stock and the business are not the same. repeat until you understand. if you grow old repeating that over and over then, oh well... ;-) the higher xlnx goes the higher the probability that i mint money in 1999. although people like you who get confused a lot are slightly irritating, i do appreciate you as stocks wouldn't double for very little reason w/o the likes of you. now, are you smart enough to sell? ;-) |