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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?

To: NYBellBoy who wrote (6916)	4/14/1998 10:04:00 AM
From: Dale Baker	Read Replies (1) \| Respond to of 18691

I bought ZITL June 12.5 puts a few weeks ago; they were about 1 1/14 then but they are around 2 now, I think. Still a good bet if ZITL implodes to single digits. Every time I have looked at YHOO puts they were too expensive. As the "market leader", YHOO will be a tougher nut to crack anyway.

To: NYBellBoy who wrote (6916)	4/14/1998 10:43:00 AM
From: Pancho Villa	Read Replies (2) \| Respond to of 18691

>I truly believe were no more than two weeks away, but my timing sticks. I get lost reading the Kahuna Thread on Options.< BB: I hope you are right but no one really knows. IMO short term options may expire worthless if this market keeps rocketing. Now if you consider it as play money your odds may be better than playing the lottery. If you are right most anything should work. If you are wrong, a ZITL play as Dale suggests may be the way to go. Pancho