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To: nihil who wrote (70289)12/29/1998 1:35:00 PM
From: Paul Engel  Read Replies (3) | Respond to of 186894
 
Nihil - Re: " He foresees a vintage Ferrari when he retires in 40 years or so. "

Are you referring to one of today's NEW Ferraris as a vintage Ferrari 40 years hence?

I myself would like an old 275 GTS (I think that's the model number) which I once saw many, many years ago - and still remember to this day.

As for risk-reward, I generally accept a lot of risk and play these "naked".

If I end up buying the stock - that's OK - since I generally sell puts in companies that I like to own.

Paul