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To: Bald Man from Mars who wrote (7452)6/24/1998 4:52:00 PM
From: jawd  Read Replies (1) | Respond to of 164684
 
Since I cannot get any shares to short ...
I might have to go the 'put' route ...

How about October 70 put at 6 bucks.
This dude will be 50 in 3 months - so the puts should
be trading around 24, so from 6 to 24, not bad...


Spoken like a true Martian!



To: Bald Man from Mars who wrote (7452)6/25/1998 12:33:00 AM
From: Gary Korn  Respond to of 164684
 
Since I cannot get any shares to short ...
I might have to go the 'put' route ...


BMFM,

Instead of puts, how about selling those August 100s that someone else mentioned. Take in 13 points of premium as well as some upside protection. That is, if it makes any sense at all to short this rocket at this time.

Gary Korn