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

To: Tommaso who wrote (41180)	12/28/1998 4:20:00 PM
From: accountclosed	Respond to of 132070

These stocks' puts are really high in price. If one follows MB's generic advice of getting puts under 2.00, for a January, the highest strike put you can buy on amzn is a 230 strike. 122 out of the money and only a couple weeks until expiration. That's no recommendation of any sort, other than a crude gauge of how expensive these babies are.

To: Tommaso who wrote (41180)	12/28/1998 4:22:00 PM
From: yard_man	Read Replies (1) \| Respond to of 132070

I suggest there are easier targets ... why gamble

To: Tommaso who wrote (41180)	12/28/1998 6:01:00 PM
From: Knighty Tin	Read Replies (2) \| Respond to of 132070

T, I'm still not buying them. Too many people say they are crazy. They are, but they won't go down again until even intelligent people say they are fairly priced, IMHO. That is what I was waiting for late last Spring when I loaded up on IIXs. Everyone was building models to prove the net was not overpriced and the Munder Net Net fund was being treated like a real investment, not like the joke it is. Today I just don't see that total commitment. MB