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

To: Joseph Francis Torti who wrote (52760)	3/20/1999 6:00:00 PM
From: Defrocked	Read Replies (1) \| Respond to of 132070

JFT, shorting the stock and buying calls later "if you timed it wrong" is like "legging into" a put. Such a strategy requires exceptional timing in order to avoid being whipsawed.Why don't you just buy the put outright or sell short and buy the call, (out-of-the-$ for instance) simultaneously??? Good luck however you decide. I, for one, would be interested in the real activity of the cement business in general , e.g. growth, forward orders, pricing, expectations. Only information that is not classified as insider please I do not know if your firm is even listed or not. A polite "take a hike" is okay if you don't feel so inclined. TIA if you can share.