Ask Michael Burke Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Ask Michael Burke

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Knighty Tin who wrote (49314)	3/1/1999 1:02:00 PM
From: Knighty Tin	Read Replies (4) of 132070

To All, I am buying a few doper puts for the first time in about 9 months. These stocks are good cos, but the prices are ridiculous. The ingnorati are overpaying through the nose for "certainty." I am hoping that we get some uncertainty now that Clinton has been declared a virgin. <g> I am buying Lilly July 85s and American Home Products July 50s. Lilly is selling at almost 50 times eps and was growing in the mid 20% range. AHP is selling at 34 times and was growing at about 10% rates. So far, the options have been tough buying. I get a onesie or a twosie and they crank up the price. But I'm not proud. Or tired. <g> MB

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next