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

To: Robert who wrote (43271)1/13/1999 6:40:00 PM
From: Knighty Tin  Respond to of 132070
 
Robert, The worst consequence for us if we use 90/10 is that we lose 6% on the puts. Heck, you can lose that much on an internut stock is five minutes. <G>

I am not buying more MU puts yet. So far, nobody is discussing DRAM pricing, which stinks. I don't expect them to do so until we hear that the big pc boxmakers are cutting orders because of the glut. I have a third expiring Friday, so those may be replaced in the fairly near future.

MB


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