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To: LPS5 who wrote (793)8/25/2000 11:10:03 PM
From: Stan  Respond to of 1426
 
LPS5: Interesting info. Thanks. <EOM>



To: LPS5 who wrote (793)8/26/2000 12:34:19 AM
From: dannobee  Read Replies (1) | Respond to of 1426
 
It's funny that Black-Shoals gets the Nobel prize for option strategies and the company they partner with goes belly up. As for portfolio insurance, I haven't personally heard of any, but that's shouldn't keep you from doing the DD yourself. If there was insurance available, just think of the stipulations and limitations that would be placed on it, what with America's need to blame "the other guy" for the mistakes the guy in the mirror makes. This, after all, is the stock market, in real time. You don't get "do-overs" or "Mulligan shots." Having a well balanced portfolio and using time tested strategies for solid investing are paramount to achieving above average returns while limiting risk. There are MANY ways to balance a portfolio.

FWIW
Danno



To: LPS5 who wrote (793)8/27/2000 11:26:10 AM
From: Dominick  Respond to of 1426
 
LPS5:

What's your opinion of what percentage of MM's started with the stock when it was an IPO as opposed to entering the game later?

If I was a firm, I would want an accounting program that would continuously average the cost of all my shares. I imagine as the years past, those original shares would have been sold and repurchased causing the average price to rise.

Therefore, my strategy would be short above the average price and buy below it.

What thou sayest?

Dominick