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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: yard_man who wrote (29079)6/15/1998 8:36:00 PM
From: kahunabear  Read Replies (1) | Respond to of 132070
 
tippet,

It sure did buck the trend today. I put in a limit order to buy some puts below the market today and they never hit my price. I am probably better off.

WS



To: yard_man who wrote (29079)6/16/1998 4:36:00 AM
From: Knighty Tin  Read Replies (5) | Respond to of 132070
 
Tip, No question the stock is overpriced. The only question is whether there is some catalyst that will make it go down soon enough for your puts to score. I think there may be, but I just don't happen to know what it is right now, which makes me nervous. After all, if the stock can pop because they started selling cds, then there are any number of products they can announce to keep the bullish sentiment going. Once they open a pet rock division, I think even the manic bulls will catch on.

MB