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To: Bill/WA who wrote (81888)3/17/2001 3:40:17 AM
From: IceShark  Read Replies (2) | Respond to of 436258
 
Bill, I don't want to deal with those leap poots. It is all vol and time prem. Especially with a low price stock like this, when they go in the money you are going to get a shock as to how little they rise in value. Even if the POS went to its fair value a tad north of zero -vbg- you would only have a 6 bagger. -ng- That just isn't a good bet in my way of looking at it. Remember MU is a real company, unlike something like a Dr. Koop or a Hillary'sWomens Village, or whatever it was called. -g-

If you really believe that the price should be lower and have that sort of time frame just short the dang thing. If you want the leverage of options, well that game is being taken away. The dayz of front month strikes 10 to 15% out of the money going for a quarter are long gone. -ng-

You should talk to John Graybill. He can tell you so many war stories on POS that you will really understand why we named it POS. The original, accept no substitutes.