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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: TimF who wrote (117103)	6/22/2000 2:21:00 AM
From: enzyme	Respond to of 1570843

oooh CEGE... good science fundamentals, plus they're a proxy for ABGX, it's been one of my sleepers. And remember Elmer has a unique risk aversion/capital need. I believe he's already got his retirement amount. Selling puts is a moderately bullish strategy, provides cash for purchasing shares which can then be used to sell covered calls, etc., you only need cash if the puts expire in the money... but if you're long term bullish then you don't mind getting assigned. There comes a time when conservation of capital is more important than creation. I'm not there... yet, so I have to assume more risk. Elmer has stated that he is a less aggressive investor, nothing wrong with that. 'zyme