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Politics : Ask Michael Burke
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To: Knighty Tin who wrote (59802)5/19/1999 5:37:00 PM
From: BGR  Read Replies (1) of 132070
 
MB,

As I had alredy said, I agree that a long position in a growth stock like DELL is indeed speculative. But it is not a ticking time bomb like options. Nor is it a position with unbounded liability as a short position is. Hence, in balance, it is less speculative that long puts/short equity. At least IMHO.

As for what risk a businessman should take, let's agree to disagree?

-BGR.
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