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To: KLH who wrote (1488)7/24/2001 4:14:39 PM
From: A.L. Reagan  Respond to of 1983
 
Suppose a fool and his lottery tickets are soon parted.



To: KLH who wrote (1488)7/24/2001 8:51:14 PM
From: zebraspot  Respond to of 1983
 
Hey, back in the double digits!

(what's a little . among friends?)

Takes a little intestinal fortitude in here, but, hey, it's priced like a cheap call option with a zero strike price and no expiration...!

Some people end up owning the big houses on the beach this way!

Can you imagine being short here? Now THAT would take guts.



To: KLH who wrote (1488)7/24/2001 8:56:06 PM
From: zebraspot  Read Replies (1) | Respond to of 1983
 
Hey, back in the double digits!
(what's a little . among friends?)

Takes a little intestinal fortitude in here, but, hey, it's priced like a cheap call option with a zero strike price and no expiration...!
Some folks end up owning the big houses on the beach this way!

///

Can you imagine being short here? Now THAT would take guts!
Shorts could lose 100%...200%...300.%...1000%...5000%.... or MORE --(infinite, actually) -- versus a maximum upside of only 100% (less taxes) --
the exact reverse of the longs' risk/reward.

Place your bets.