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To: KeepItSimple who wrote (72184)8/5/1999 2:20:00 PM
From: McNabb Brothers  Read Replies (1) | Respond to of 164684
 
KISSYPUTS&CALLS,

You just do not get it, I don't care if it only cost $19.95 and was able to buy it on TV! I do not believe you, the end!

Hank



To: KeepItSimple who wrote (72184)8/6/1999 1:13:00 PM
From: Glenn D. Rudolph  Respond to of 164684
 
> I do not believe you have the puts you claim!

Why not? The initial investment was less than $150,000.

Even the lowliest trader on here could have come up with that kind of cash.


KIS,

I admit you are comical. It would bother me if people were laughing at me all the time but I am just sensitive.

Glenn



To: KeepItSimple who wrote (72184)8/6/1999 1:21:00 PM
From: Paul Merriwether  Respond to of 164684
 
>> Why not? The initial investment was less than $150,000.
>> Even the lowliest trader on here could have come up with that kind of cash.

KIS
Maybe lots of people could come up with 150K, but very few people who can come up with 150K would put it in one risky, volatile and timesensitive transaction like you did. Basically, a rational person would try and manage their risk, and maybe risk .1% of their networth in those puts. That would give them a net worth of 150 million, and I doubt very many people on this thread have that kinda networth...