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

To: Knighty Tin who wrote (32292)	9/5/1998 9:18:00 PM
From: GuyNixon	Read Replies (1) \| Respond to of 132070

MB: I have some puts leaps on Intel too. Fleck's comments that the stock will eventually drop below $40 seem on the mark to me. I am thinking about buying more puts during this seasonal upturn. The trouble is, Intc has tremendous appeal for many people, I really don't see it collapse in the near term future. So 1. Should I buy yr 2000 far out of the money puts, and be prepared to eventually roll them over to maximize gain? Or 2. Buying yr 2001 far out of the money puts outright. Thanks in advance Guy