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

To: Stefan who wrote (48001)	2/19/1999 5:03:00 PM
From: Michael Bakunin	Respond to of 132070

Dunno about your puts, but the implied volatility on my March's has slumped from over 90% shortly before the stock cracked to just over 50% today. When vol comes in, prices of all options shrink. Basically, the market thinks the news is out, and Dell will meander for a while. I disagree, but I doubt vols should be back at 90%.

To: Stefan who wrote (48001)	2/19/1999 8:39:00 PM
From: Tommaso	Read Replies (1) \| Respond to of 132070

I so seldom do the right thing that I do want to mention it when I do--which was to dump my AMZN puts yesterday and go into PVN. Am looking to re-entry AMZN after it gets over this bounce off its 55% decline. But LEAPS again.