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Politics : Ask Michael Burke

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To: JRI who wrote (59655)	5/19/1999 10:12:00 AM
From: Knighty Tin	Read Replies (1) of 132070

John, Too bad you haven't read more than one message. The May 32 1/2s and 35s are rolldowns from earlier triples and quadruples on Dell puts. And, yes, it was a brilliant move to take the profits out before the retards ran the stock again in anticipation of a quarterly bounce in growth that didn't happen. <g> I wanted to maintain puts on this trading sardine because it is so overvalued and you never know when reality will strike. BTW, the June 40s I also own are doing modestly well today. Dell has been a winning put stock for quite a while. You would be surprised how much it helps to get the fundamentals absolutely right on junk like Dell instead of just cheerleading from the sidelines as management misleads the sheep. <g>

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