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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: edamo who wrote (21957)12/5/2000 9:05:55 AM
From: im a survivor  Read Replies (1) | Respond to of 65232
 
Ed....whaddya think bout those 03 atml $10 leaps freeus was mentioning? Going for a tad over $5. As RR stated we are looking at 48% in 2 years, but they are ITM as of right now....so If atml moves, the leaps should move nicely and the two years takes care of any time frame to worry about.....not much open interest though. Any opinions? I also hold the 12.50's ( may this year )

Thanks Keith



To: edamo who wrote (21957)12/5/2000 9:34:57 AM
From: Jim Willie CB  Read Replies (1) | Respond to of 65232
 
Ed, USSC gave clear signal repudiating FLSC justification
but they did so without seriously harming FLSC's image
USSC could have reversed extended deadline, scolded them for infringing upon Legislature's authority, and scolded them again for causing some chaos

they could have said FLSC acted as a political body attempting to expedite a difficult conflicting situation
but in the meantime they changed rule expostfacto, threatening due process

USSC treated FLSC with kid gloves
they made their point with a clear signal, yes
but they managed not to thoroughly embarrass FLSC
the real intelligent population and the legal community regard for sure the USSC wording as a clear repudiation
but NOT in the eyes of 95% of America, which view it as punt

FLSC must remain solidly in charge, respected, looked up to
the last thing we need now is for a big dispute over FLSC
you know, an attack from the Right, countered by Left, questioning its authority, doubting its potential role to end this election dispute
that would add to the chaos by an order of magnitude

we basically have a big battle here:
idealistic view on voting rights VERSUS practical voting procedures

if I had written the USSC ruling, unconcerned about consequence politically, I would have slammed FLSC ten times worse

/ Jim