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Politics : Ask Michael Burke

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To: Merritt who wrote (40530)	12/22/1998 5:26:00 PM
From: Knighty Tin	Read Replies (1) of 132070

Merritt, My put stocks are up 4% since I bought the puts. Ex Cisco, they are down. I wasn't a genius when the stocks were down 7% 10 days ago and not an idiot now that they have bounced up a little. I am nothing until expiration day. When you buy time, you give them time. A 4-5 month put is neither good nor bad after a grand total of 15 days. MB

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