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To: John Pitera who wrote (18693)	2/9/1999 6:13:00 PM
From: Cynic 2005	Read Replies (4) of 86076

<<MCD - I bought a few June 70 puts.... Not sure if that is good or bad >> Good choice, IMO. I did some evaluation of the DOW stocks to see a big disconnect in ROE and price gains in the last 52 weeks. WMT, IBM, MCD, GM and T stand out in the group. IBM has negative ROE and the stock was up 67% as of yesterday. Given that T, MCD, GM and WMT are near 52 week highs, a correction scenario will pay well if you want to short these stocks. I like GM and MCD for this play.

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