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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Jim McMannis who wrote (33361)	6/18/1998 12:17:00 AM
From: Elmer	Respond to of 1572921

Re: "I'm shocked that you would even take a chance on a stock that you think is such a dud." Ironic isn't it! Actually I thought it had bottomed out at around $20 so I wrote some June $20 puts figuring to pick up some pocket change. Oh well, I'm sure Warren Buffet has done some stupid things from time to time also. Petz suggests I sell July $22.5 calls but I think I do $20's. All I got to do is cover the margin interest until those great yields show up on the bottom line <G>. How about you, do you ever write options? EP