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

To: Knighty Tin who wrote (32634)	9/18/1998 10:27:00 AM
From: PaperChase	Read Replies (1) \| Respond to of 132070

It's a shame that CIEN, one of the most successful IPO's in history, is suitable for only those portions of one portfolio kept in a lottery money mayonaise jar. <G> But alas, now I understand why tech stocks make such great put candidates after a huge run-up. I like the way the fundamentals on CIEN changed practically overnight. I am also considering buying CIEN with lottery money but I have resisted because these stocks usually astound investors by selling off further during tax loss season. I suspect you are betting someone will buyout CIEN before tax loss selling really kicks in. Should be interesting to see which company will stick their neck out along with their stock price to try and acquire CIEN.

To: Knighty Tin who wrote (32634)	9/18/1998 10:31:00 AM
From: The Perfect Hedge	Read Replies (1) \| Respond to of 132070

MB~ What do you think about NKE puts?Oct's are trading with almost no premium and the stock gapped up on bologna earnings that beat the ridiculous low estimates... B