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


To: Knighty Tin who wrote (40253)12/21/1998 5:25:00 PM
From: Knighty Tin  Respond to of 132070
 
To All, The second third in puts is just about completed. I bought some Home Depot and Charlse Schwab puts today. Schwab should be the beneficiary of mutual fund redemptions next year, as the lion's share of its earnings comes from the no-load fund network. Home Depot is a different story. There is little to hate about this co. other than high price, about 60 times eps, for eps that are growing at less than 25% a year. The CEO registered to dump 120,000 shares and I think we should take this all-time high in price to give him a bit of support in his sale decision. <G>

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