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Strategies & Market Trends : Gorilla and King Portfolio Candidates -- Ignore unavailable to you. Want to Upgrade?

To: tinkershaw who wrote (22000)	4/1/2000 11:30:00 PM
From: Mike Buckley	Read Replies (1) \| Respond to of 54805

Tinker, I want to publicly apologize if my messages in any way caused you or anyone to think I was attacking you personally in our recent round of disagreement. It might be difficult sometimes to distinguish between critiquing the comments and critiquing the person, but it certainly was never my intention to address anything beyond the bounds of the content you provide. If you feel it is worth your time to continue contributing within the limitations of the thread's opening post and the tenets of the manual, I'm confident you'll enjoy being here and we'll enjoy having you here. Anything I can do to help accomplish that is my pleasure. --Mike Buckley

To: tinkershaw who wrote (22000)	4/2/2000 3:15:00 AM
From: Uncle Frank	Read Replies (2) \| Respond to of 54805

>> It went more like, can't attack the message attack the messenger. There was some attempt in examining the idea but in the end it turned into a criticism of me personally. Nonsense, Tinker. You haven't bothered to put any information on your profile. It's impossible to attack an anonymous entity on a personal basis. What I criticized was the lack of dd and precision that went in your posts. >> I did not know of any source that kept intraday high and low prices, just end of day. So guess what, I went from memory on the Q price. Unfortunate you didn't take the time to research your facts before you used them in support of an argument, but deplorable that rather than admitting your error, you chose to try to huff and bluff your way out of it with comments like, I specifically remember Q streaming by on CNBC below $100 a few weeks back. I would never knowingly mislead the thread; nor have I ever in any of the thousand + posts that I have posted on the Fool and now here. >> Well, I own Roth's book. I direct Uncle Frank to the front page and the back page of the book where a graph of the LEAP time value deterioration is drawn. Note that up until about 4 months to go time value only slowly dissipates. Dissipation does not start to become extreme until 4 months are remaining. There are large differences between owning the book, reading the book, and understanding the book, Tinker. Let's examine your premise by examining the time premium on FOM gstrf calls: 3/31 SYMBOL STRIKE EXPIRY CLOSING BID* DECAY ZRGAD $20 1/01 $3.75 0 YVQID $20 9/00 $2.75 -26.7% YVQFD $20 6/00 $1.75 -53.3% YVQED $20 5/00 $1.0625 -71.7% YVQDD $20 4/00 $0.3125 -91.7% ZRGADs, which have 9 months remaining, will lose over 26% of their value when they only have 6 1/2 months remaining, and almost 72% of their value at 3 1/2 months. Wouldn't you characterize that as "extreme dissipation"? >> But sometimes I like to stretch ideas and concepts. Expand the horizons. That is what I did here. Generalizing about concepts is just fine, but I don't find posts that mis-state fact useful at all. I'm sorry you have chosen to play the injured innocent instead of simply cleaning up your act. uf