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To: gladman who wrote (120427)3/14/2001 3:18:56 PM
From: H James Morris  Respond to of 164684
 
>VRTY reports after the bell today, no position yet.
I think a well out the the money put on the banks (bkx.x)could well be rewarding. I got the fall 950's at the peak with about a 25 point premium.
Gtw
Goldman just downgraded 7 US banks. I don't think a 75 basis cut can save them!
Oh, how would like to buy Japan, you'll be able to get for 1c on the dollar! If Japan goes down there sure will be a lot of cell phones being sold on eBay!