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Politics : Ask Michael Burke

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To: JRI who wrote (59766)	5/19/1999 5:18:00 PM
From: Knighty Tin	Read Replies (1) of 132070

John, Check the chart. I have made money two or three times on Dell since the last eps report. The last great opportunity was a few weeks back when it had been suckered up to $47 and Jim Kelly was over here telling us it was going higher. <g> I actually didn't take Jim as the top picker and didn't buy until a couple of points lower. 2. I have lost on recent IBM puts, though they haven't expired yet, using your terms. Intel has been a winner for awhile, though I have had to trade it. 3. One day is too short a time period. But down 10% was a heck of a nice start for this turkey. BTW, puts are fungible (not a dirty word. Look it up. <VBG>) Just because they say June doesn't mean you have to wait until June to sell them.

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