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


To: Brian Fraser who wrote (32497)9/10/1998 5:29:00 PM
From: Knighty Tin  Respond to of 132070
 
Brian, He may have been hedged against a short or puts on the IIX or one of the other internet indices. Since those indices are weighted in favor of the large caps like Cisco and AOL, his action in hedging his bets in the smaller players could make him profitable on both sides of the trade.

That is the only intelligent thing I can think of. However, there is no guarantee that it was an intelligent move.

MB