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To: Bulls who wrote (14860)10/21/1998 11:11:00 AM
From: AmericanDane  Read Replies (2) | Respond to of 27307
 
The answer to high put premiums is volatility. I bought April PUTS shortly before earnings at about this price and they are worth more today than then.

I had hoped when we went into the 90s we'd not be back here which was disappointing. On the other hand YHOO seems like it can't make progress even against a pretty good rally backdrop. Still think we are down from here in the next several months.