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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: Judy who wrote (15638)	12/16/1997 1:43:00 PM
From: Jerry Olson	Read Replies (1) \| Respond to of 50167

Sweets , beats the hell outta me????? yeah the broker guys, keep piling on, over and over add nausem, till the market says, who cares???? Judy, things are not looking good out there...I'll be posting things here on down the road...have looked at the INTC chart???? sick!!! ya kow I told Nancy, my Houston friend<g>, INTC & KLIC are in trouble...ya know when??? about 2-3 months ago I think...she'll remind me...unreal...we could have hit all the BIG Caps just 2 weeks ago from the top....they had to fall, and will fall a lot more... Judy, you came out of the El Nino thing ok????

To: Judy who wrote (15638)	12/16/1997 2:03:00 PM
From: Mike Hagerty	Read Replies (3) \| Respond to of 50167

Judy, I know you do a lot with options and I'm hoping you can give me some insight. I'm new to selling puts and I don't understand about them being "assigned". Friday I sold 10 naked May puts . I have cash to cover but did not expect to have to use it until May. Today (two days later) my broker called and said "they" were assigning 3 of my puts so now I have to get 300 shares of the stock? He said "they" are the Chicago board of options and can assign puts any time they want. He thinks it can just be random. I'm completely blindsided here. Can this be correct? What's the point of doing options if they can be called or assigned at any time ? Thanks for any help you might have time to offer.

To: Judy who wrote (15638)	12/18/1997 1:04:00 AM
From: AlienTech	Read Replies (1) \| Respond to of 50167

Hey judy, Saw the strong buy and moving CSCO into the goldman's treasure err recomendation list. A lot of fuds accumulate stocks on the list just like indexes so not sure if its a distribution policy. I also didnt see them sell a lot, in fact they seem to be buying tech stocks left and right but do sell some into strength, maybe thats how they average down? And morgan stanley is also accumulating a lot, prob for their high tech indexes. Goldman did remove ASND from the list to make room for CSCO and ASND's now at 25 so guess it really dosent make MUCH difference if you are on the list or not. ps..I like your analysis, UNLIKE a lot of bores who keep saying P/E's are high or theres slowdowns ahead, you make it consice to the point. Its all a game for them to make money. After all its pretty useless to to pump up AMZN with no earnings and say a company like APM with 20% growth should trade for a P/E of 4 due to uncertaintity as if theres no uncertaintity with AMZN.