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To: IceShark who wrote (4710)8/29/1998 12:35:00 PM
From: Joseph G.  Respond to of 86076
 
GS basically did not reveal much of anything in their "disclosure", would seem even two weeks ago they thought there is a good chance for a BK.

<<Wonder what to play with now?>>
Short CSCO on any uptick. And/or IBM. Options vol premium's too high now, except can short term trade the front month short term.

More conservative and more boring strategy is to sell Oct, Nov slightly in the money calls.