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To: Poet who wrote (114)12/27/1999 10:15:00 AM
From: RoseCampion  Read Replies (1) | Respond to of 8096
 
Les, you follow ITWO, yes? What's up this morning - no news I can see, yet down 15-20 pts. Buying opportunity even after this month's amazing run, you think?

-Rose-



To: Poet who wrote (114)12/27/1999 10:20:00 AM
From: Bretsky  Read Replies (1) | Respond to of 8096
 
I agree, barring a market fallback. I have only been in GMST for a couple months and don't know how it has reacted in short term downsprings, but the valuation is high (reflecting the stock's strength in earnings and growth) so it might be succeptible to a pullback. Long term, though, we own a stud in GMST and I'd be very surprised if we don't see at LEAST a double in Y2K and probably much more.

Best Regards,
Bretsky



To: Poet who wrote (114)12/27/1999 10:24:00 AM
From: Jill  Read Replies (2) | Respond to of 8096
 
I looked for awhile and decided on May 60. As I said, this is the first time I've bought ITM calls. So it will be a learning experience. I really have no feel for whether this was a good strike or not, but it was cheap and seemed safe. I'm trying this experiment in my Roth IRA which is really tiny and which I mainly pay no attention to, it's converted from an old IRA from years ago before I started doing KEOGHs

Jill