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To: KeepItSimple who wrote (66256)7/5/1999 8:44:00 AM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 164684
 
Tomorrow might be a nice day to try some july calls, since they'll have dropped quite a
bit in premium over the 3 day weekend.. Holding them over this weekend would literally
have been throwing away money!


KIS,

You crack me up. How do you possibly know the bid and ask for the calls tomorrow on any stock? Tomorrow is not here yet. The bid and ask may be about the same as on Friday in the event the underlying security does not change. You claim to "play" lots of options but you clearly have no clue how they work.

Glenn



To: KeepItSimple who wrote (66256)7/5/1999 11:31:00 AM
From: Victor Lazlo  Respond to of 164684
 
Well put, KIS! <g>

<< It will be surprising to see if it really is this easy.. Just pick any new internut with a small float, elusive business prospects but plenty of room for hype, and a big fatcat underwriter who can easily manipulate the float, and you're golden.. >>

You forgot one important ingredient- huge and increasing losses!

Victor


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