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Pastimes : Home on the range where the buffalo roam -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (8973)	1/15/2001 11:35:20 PM
From: Perry Ganz	Respond to of 13572

M The last post I made was all sarcasm I apologize if it offended any one Now back to AMCC If you are a big holder of AMCC, those puts will be cheap protection Don't like that Idea from all the imfo I have, options are a depreciating asset and those should be sold (not those puts inparticular) The better play IMO would be to sell calls as a hedge that way I get paid for my Insurance I sold the feb 80's fri for 9 1/4 as you can tell I do not think I need much protection the reason I like selling options is that their is always a repair stategy even if you are dead wrong looking for 20% + sequential growth not counting mmc #'s The markets reaction to ARBA's #'s spooked me a little Perry