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Strategies & Market Trends : Trading the SPOOs with Patrick Slevin! -- Ignore unavailable to you. Want to Upgrade?

To: Patrick Slevin who wrote (3112)	1/24/2000 9:37:00 PM
From: SE	Read Replies (1) \| Respond to of 7434

Well, the Pack seems in line then with the ticket prices. I was worried we were $20 underpriced....I already know they are going to raise, but we don't know how much. What the Packers have is two sets of season ticket holders, the Green Package and the Gold Package. The Green Package is the Green Bay season ticket holders and the Gold Package the Milwaukee season ticket holders. The Packers used to play an exhibition and a couple of home games in Milwaukee...when they moved all to Lambeau, they gave the Milwaukee ticket holders the chance to continue their season tickets in Green Bay. The Milwaukee package is a three game deal, one preseason and two regular season. My uncle takes the first regular season game and we get the second one in November. The exhibition I usually give to clients. If I had the Green Package and had 6 regular season and one exhibition I would probably not hold the tickets. One weekend is good, two might work...but much beyond that, forget it. We also only have two seats so that forces costs to be kept down. When the boys are a bit older we are going to go up as a family for the weekend (the hotels require a two night stay on game weekends) and then Trish and I will alternate taking the boys into the the games, one year on, one year off type of thing. Right now I have to come up with $600 per seat in "owner's contribution" to the new stadium. The Green Package has to come up with a $1,400 per seat contribution. I actually have sent my name in for two more seats on the Gold (Milwaukee) package hoping that enough people will be ticked off and not renew their tickets. The Green Package waiting list is like 50,000 people or some such nonsense. The Gold Package is a lot lower, under 5,000 I believe, but I could be wrong. In any event, if I can score a couple more seats that would be great, if not, no big loss. Anyway ... enough on topic rambling. I am thinking we gap higher on the open, then fart around between 10 and 15 points off the open price and retesting today's lows and then close higher. I think today was washout enough that we are about ready to run higher. I have seen what Temple posted on the other thread and that makes some sense as well, but it seems to me we want to hold this level and move up from here...although his target is only another 25 points away or so.