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Politics : Ask Michael Burke

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To: Paul Engel who wrote (38714)	12/9/1998 1:02:00 AM
From: Skeeter Bug	Read Replies (3) of 132070

>>How do you like your non-growth companies?<< not growing ;-) btw, i own puts on nvls and not any of the companies you mentioned. >>They are out of the money for him and IN THE MONEY for me, Bug.<< was that supposed to be a funny? if not, you just revealed how how much you understand options. your statement makes NO sense. out of the money puts are sold to a person who buys out of the money puts. in the money puts aren't sold to a person who buys out of the money puts. see my prior post and you'll learn what "in the money" means. i've seen stocks go up and go down. intc has had a great run. the price has doubled while eps are down from 2 years ago. not bad. listening to you one would think the risk hasn't increased.

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