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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (44004)	1/20/1999 12:14:00 PM
From: Tommaso	Read Replies (1) of 132070

Hi MB! I was able to diversity my LEAP position further this morning by selling a YHOO put that I picked up during its huge jump the other day and buying four each of some cheaper LEAPS in MU and LU. I still have a good position in YHOO. Am a little short of cash for this particular account now, or would add SCH and maybe CSCO. My hope now is that these things (AMZN, YHOO, LU, MU, DELL, INTC, and AOL) will move erratically with regard to one another, though all with considerable downside potential, and that the commissions don't kill me if from time to time I shift to what seems a better position. YHOO is after all already down nearly 30% from its recent high, whereas LU and MU were still climbing. I sure hope this works better than other bright ideas I have come up with.

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