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Technology Stocks : Apple Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Linda Kaplan who wrote (21989)	1/7/1999 12:44:00 AM
From: HerbVic	Read Replies (1) \| Respond to of 213173

>>What options did he want us to buy exactly, to hedge our positions? << Beats me Linda. All I understood was that he was selling insurance for people who are prone to speculative wrong way positions. At the time, I didn't know who he was, having missed the introduction. His use of AAPL and the Op. downgrade as an example seemed a bit strained, even in the context of an options enlightenment soundbite. If I was inclined to believe that my long position was wrong, and was looking for a hedge, I suppose some puts might ease the pain. But in reality, I would just eat the pain and try to be right next time. Happy New year! Are you still into Pixar? HerbVic