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To: Earlie who wrote (24928)10/5/2000 2:49:14 PM
From: Bill/WA  Read Replies (1) | Respond to of 436258
 
Earlie,

Thanks for the response.
When I loaded on IBM it was only a 1/3 (as per M. Burke).
One more question if I may - is the Jan strike too early?
or IOW's will it take as long for IBM to fall as, for instance MU??

Thanks again for your help,
Bill/WA



To: Earlie who wrote (24928)10/5/2000 3:02:23 PM
From: IceShark  Read Replies (1) | Respond to of 436258
 
well, on that comment I just pushed my dhell sell limit price up by a point. -g-



To: Earlie who wrote (24928)10/5/2000 9:27:59 PM
From: Spekulatius  Respond to of 436258
 
I feel the same and established a short position in IBM today at 114$.I don't see how they can make their numbers under the current tough market condition.
A second plus for a short is their leveraged balance sheet.
Lets see how it goes. I feel the risk reward ratio for a IBM short or put is very very good right now.