Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?

To: Sarmad Y. Hermiz who wrote (40120)	2/14/1999 10:07:00 PM
From: Glenn D. Rudolph	Read Replies (1) \| Respond to of 164684

By the way, are you sure your hedge fund hedges by buying puts ? In the money puts are very expensive and by the time you buy a few expirations, the ENTIRE price of the stock is gone to the premium. Sarmad, I asked Michelle on numerous occasions how here shares were hedged. I never received an answer. I suspect I never will. Buying puts will not work as you pointed out. Glenn

To: Sarmad Y. Hermiz who wrote (40120)	2/15/1999 12:58:00 PM
From: Lizzie Tudor	Read Replies (1) \| Respond to of 164684

Sarnad, I dont keep up with his hedging techniques to tell you the truth.... He focuses on 6 positions and hedges them in different ways - I know he was doing the put thing in December last year. He was ranked recently as #1 hedge fund for last year in one of the financial journals... which is not to say he is truly #1 because those rankings are largely advertising, nonetheless last year the fund was a big winner. He is only partially in internet stocks btw.