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Technology Stocks : Panic in the Year 2000: Let's All Become Billionaires
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To: MRTP who wrote (17)1/12/1999 12:35:00 PM
From: Paul Berliner  Read Replies (1) of 32
 
I wouldn't buy puts on domestic airlines - just intl. ones, and in particular ones that fly to countries that are way behind in remediation (Asia). Notice how the airline stocks like AMR and UAL are still way below their 52W highs, despite the market's rally, so I was thinking that the decreased end of 99 bookings may be being priced in as we speak - yeah the airlines are up a bit recently, but they haven't had the ride that other blue chip cos. have had, which leads me to believe that some institutions don't want to own 'em through this year. My top airline shorts on the Asia angle would be NWAC
and BAB. You can hedge the risk with a long like LUV.
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