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

To: Joseph G. who wrote (32353)	9/8/1998 12:05:00 PM
From: Knighty Tin	Respond to of 132070

Joe, OI doesn't bother me, as I trade very few, especially at these prices. They are AMEX, so the specialist has to make an offer at or close to intrinsic value, minimum. And, since I think the index has further to go, I would be rolling down or down and out and he wants the other side of the trade, too. I give him a hedge. the specialist system is much preferable to the market maker system for illiquid puts and calls. Actually, I have to promise to not date his sister. <G> MB