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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (43106)	1/12/1999 10:29:00 PM
From: Don Lloyd	Read Replies (1) of 132070

MB (I am real happy with what I have now. Just about everything is a put candidate. ) Do I remember correctly that you have some LLTC Feb 45's? If so, with LLTC announcing a 2 for 1 split today, the distribution date is also Feb. option expiration day (2/19), leaving them just about at the money. (_If_ the stock is flat from here, if the distribution is before the close, and if you can refuse the split on the puts. -g-). It would seem that the stock would have to start running on fumes here pretty soon with a lot of company, even if business remains satisfactory. Regards, Don

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