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Non-Tech : Philip Morris - A Stock For Wealth Or Poverty (MO) -- Ignore unavailable to you. Want to Upgrade?

To: Theo Karantsalis who wrote (3993)6/20/1999 9:15:00 PM
From: md1derful  Respond to of 6439
 
Happy Fathers day to you too...I'll tell you who smokes like chimneys..the serbs and albanians...have you seen any pictures of the refugees where somebody WASN'T smoking...gotta be lots of lung cancer over there..if they don't get shot first!!! Crazy...big MO still looking great..looks like we saw a multiyear low in the low 30's and I loaded up in the mid to upper 30's..not too bad..our last remaining hurdle, I think is Engle...keep us informed the best you can...have a profitable week guys



To: Theo Karantsalis who wrote (3993)6/21/1999 1:38:00 PM
From: md1derful  Read Replies (1) | Respond to of 6439
 
OK Boys, here's what I did..I sold the most near term expiring leaps and covered the remaining leaps with July 40 puts today..in anticipation of losing the big one...once we lose and go down, I'll buy back the leap strike price hopefully at a lower price..there is no way this stock goes up if we lose and I think we should prepare for that...kinda like preparing for the hurricane season, huh Theo...


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