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Politics : Ask Michael Burke
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To: Knighty Tin who wrote (61248)6/3/1999 2:58:00 PM
From: Knighty Tin  Read Replies (4) of 132070
 
To All, I made the following moves today. 1. I sold my Rambus June 70 and 75 puts. The soap opera about the IBM story means that it will take a few more weeks for this one to start heading in the right direction again. I still have July 70s and June 60s.

2. I am in the process of rolling my Intel June 55s down and out to October 45s. Only a 150%er on the Junes, but time is getting scarce.

3. I bought a second third of Duramed.

4. I bought some MU July 35s. That looks to be the sweet spot with the negative earnings due after June expiration.
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