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

To: miklosh who wrote (34532)	10/25/1998 2:20:00 PM
From: Knighty Tin	Read Replies (3) \| Respond to of 132070

Paul, With a speculative piece of crap like Coms <G>, you have almost no chance of being called away five points in the money. 10-15 points in the money, maybe, but, with its volatility this one is likely to carry some time premium right up to Perspiration Day. BTW, I recommend that, if you are going to play this game, that you go out further in time and take in much more absolute premium. If the stock goes down, you get more protection. If the stock goes into the money, you can unwind early for a much superior return. The only time the short term sale works better is when the stock stays absolutely flat. And that isn't likely for long with Coms. MB