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

To: valueminded who wrote (50280)	3/7/1999 12:45:00 PM
From: Knighty Tin	Respond to of 132070

Chris, I already have a large position in puts on CDWC, rolled down from a previous quadruple. I still like its downside, but I am not adding to them here. I have a double in the rolldowns, and feel pretty fat, dumb and happy with them. Sometimes I wished I pyramided, but that ain't my style. I hate Circuit City, but I'd have to look at the premiums. I'll get back to you. I like puts on Dell at this level, IBM, Chase, Mexico Fund, Templeton Emerging Markets Fund, Schwab, Sanmina, and, of course, Micron Tech. Xilinx has suddenly returned to my radar screen. After the recent 800% gain on a third and 500% gain on the second third, I thought it was dead. But it bounced back with a vengeance. I love the steady stupidity of tech stock bulls. <g> But I am waiting for the 80s to win on this dog again. MB