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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (49483)3/3/1999 10:48:00 AM
From: Knighty Tin  Read Replies (1) of 132070
 
To All, 1. I went to market with every intention of buying puts on Worst Buy (BBY). However, the premiums were just too rich for my cheap soul. The stock looks ripe, at 53 times eps, Xmas behind us, new all time highs, and hard times in the pc business, but the puts are just too pricey.

2. Solectron is finally doing what I want it to do. Not fast enough or far enough, but definitely the right direction.

3. Nice start on the Lilly puts so far. The AHP puts are stagnant.

4. Nice start on the energy buys from yesterday.

5. The lemmings may be running out of gas early this morning.

MB
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