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


To: Broken_Clock who wrote (54414)4/3/1999 8:53:00 AM
From: Tommaso  Respond to of 132070
 
Hard to tell if you are serious, with the "<g>" at the end--but as a matter of fact that is exactly what I did do, keeping about half of the value of my MU to add to my cash reserve. I think MU has a long way down to go, but the LEAP puts were getting pretty high.

I guess I am hoping that the volatility of the general market will pull SCH back down (at least somewhat)as fast as it has run up--though the Schwabies are expecting it to head on towards 200 and from what we have seen elsewhere that's not impossible.

I am somewhat uneasy at what I have now got tied up in the future misfortunes of Schwab stock, but will try to control both despair and euphoria depending on how it goes in the next couple of weeks. At some point I hope to have the sense to cut and run from the whole zero-sum game.