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To: FDHIII who wrote (5582)1/28/1999 6:53:00 AM
From: AnnaInVA  Read Replies (1) | Respond to of 27722
 
Instead of losing just a little money, you can lose it all protecting other profits.....simple example: Your long a thousand shares of NAVR....you go purchase 1 put against NAVR to protect against your 1k shares... <<

Franz, actually that would be 10 (put) contracts vs. 1 put to
simulate 1000 shares.

Take care,

anna



To: FDHIII who wrote (5582)1/28/1999 8:21:00 AM
From: Annette  Respond to of 27722
 
It's a shame that NAVR has to have "cult" followers...it's a comp[any that can stand on it's own without hype....but I'll take the attention and hype ANYDAY!