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


To: Knighty Tin who wrote (53472)3/26/1999 11:04:00 AM
From: Knighty Tin  Read Replies (2) | Respond to of 132070
 
To All, I have repurchased the second third of Dell puts, going to May 32 1/2s this time (DLQQZ). I think the dead cat bounce can take it to $41, but that is all for this overpriced bowwow.

I have repurchased a first third in Keane (KEA). I find the price compelling for what is a pretty good software co., with or without Y2K. I am also trying to execute a legged in spread conversion for the IRA Income Portfolio, long Keane, short the Nov 22 1/2 calls, later going long the Nov 17 1/2 puts. So far, my brokers are telling me there are no such critters. I see them on my screens, so I tend to disagree. They are checking it out and I may have to change options or abandon depending on their report.