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To: Dave Gore who wrote (7599)4/3/2002 10:42:44 AM
From: Bucky Katt  Respond to of 48461
 
I am looking at my QQQ & SPX puts gain value...
Message 17256719

As mentioned, I sold the puts from last week on Monday, but I am in & out all the time, and index short is the correct approach this minute.



To: Dave Gore who wrote (7599)4/3/2002 12:32:14 PM
From: WhatsUpWithThat  Read Replies (3) | Respond to of 48461
 
Dave, the announcement last week was that the product would be available for sale this summer, and they are projecting $5m net from sales of the product.

Since that announcement they've put out two NRs announcing pre-production sales, but with no $$ attached.

Their description of the product and why it's such a leap forward is next to nil.

It all makes me cautious just because I feel I have nothing on which to judge the quality of their projections or the product itself.

JMO, of course.

Regards
WUWT