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


To: Knighty Tin who wrote (31987)8/31/1998 10:12:00 PM
From: Broken_Clock  Read Replies (1) | Respond to of 132070
 
They sure look cheap to me, but then beauty is in the eye of the holder-g-

OI on those leaps is slowly building on the buy side. How does that work? Does the MM have to go long when the calls are initially sold? I should know that but I thought I'd ask anyway.



To: Knighty Tin who wrote (31987)8/31/1998 10:49:00 PM
From: yard_man  Read Replies (1) | Respond to of 132070
 
MB,

Practically speaking what does this mean for the operation of the EWM. Does this put constraints on them?

biz.yahoo.com



To: Knighty Tin who wrote (31987)9/1/1998 2:09:00 AM
From: PaperChase  Read Replies (2) | Respond to of 132070
 
Gasp! A fellow bear thinks Fed will loosen interest rates to avert market problems. Gasp! IMO, Greenie will lose all respect if he lowers rates. Why should he lower rates so that the bulls can claim amnesia and then drive the stock market back up? I would like to be impartial and believe that the market should stand or fall on its own weight but I realize how interconnected stock prices are to the economy.

Bill Fleckenstein's comment today:

"Real attempts at a turnaround should occur by the end of the week, although if it takes that long it will be from much lower prices. You can also be certain that if it takes until the end of the week, the Fed will have cut rates by then as nobody wants to see the system go down in flames if they can help it. "




To: Knighty Tin who wrote (31987)9/1/1998 2:28:00 AM
From: Skeeter Bug  Read Replies (2) | Respond to of 132070
 
mike, mrvc has been absolutely clobbered. what do you think about a buy at these levels ($5 - can you believe it?)?



To: Knighty Tin who wrote (31987)9/1/1998 11:19:00 AM
From: kahunabear  Read Replies (2) | Respond to of 132070
 
Wouldn't it be nice if listed options were like incentive stock options. No risk on the downside. And now that the market has fallen a bit, won't companies be repricing all their options to lower exercise prices. I am pretty sure its done, but it just doesn't sound legal to me.

WS



To: Knighty Tin who wrote (31987)9/1/1998 12:59:00 PM
From: Terry D  Read Replies (3) | Respond to of 132070
 
MB -
Wadda you make of this pop?
Using it to lay out some shorts?
Heard a couple huge funds are in dire staits - (no, not the band you wiseguy) which is not surprising. But the names sure are.
Forced liquidations can be fun - those margin clerks sure know how to work an order in a big down market.

In-a-gadda-da-vida.........bay-bee.

t

d



To: Knighty Tin who wrote (31987)9/1/1998 5:16:00 PM
From: Jonathan P. Myers  Read Replies (1) | Respond to of 132070
 
Hello Mike:

What do you think about AEM as a gold play - strong balance sheet and mining costs of $214/oz. I also have read that they do not hedge and are therefore very sensitive to changes in the POG. Thanks.

Regards,
Jon



To: Knighty Tin who wrote (31987)9/1/1998 6:04:00 PM
From: yard_man  Read Replies (1) | Respond to of 132070
 
Old news to you, but thought I would post anyway:

biz.yahoo.com

NEW YORK, Sept 1 (Reuters) - Citicorp (CCI - news) said on Tuesday that it estimated its total losses stemming
from the growing financial turmoil in Russia would reduce after-tax earnings by about $200 million in the third
quarter.