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Politics : Ask Michael Burke
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To: Earlie who wrote (53221)3/23/1999 8:23:00 PM
From: Tommaso  Read Replies (1) of 132070
 
Earlie,

I went over on the Dell thread today and dropped some dismal statistics on them. I counted up all the outstanding LEAP put contracts on DELL (something like 60,000) and tried to guess the effect on the company's capital if they had indeed written many of these.

When I was a child, just beyond the school playground, where it dropped off, known as "the dump", were yellow-jacket nests in holes in the ground. The game was to put a stick in one of these and take turns running past it, wiggling the stick as you passed, and not get stung.
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