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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?


To: kathyh who wrote (27119)4/13/1999 1:20:00 PM
From: Bob  Read Replies (1) | Respond to of 90042
 
I couldn't stand to be out. Tim would have been all over me with I told you so.........;-).

This is a little different for this thread. I also bought some April 50 puts on Gillette. With KKR unloading 30 billion of their stock and Gillette posting earnings on Thursday that are below expectations, I'm looking for a nice pop. I bought them at 3/8, hoping for 10x. (Hey, I have until Friday close).



To: kathyh who wrote (27119)4/13/1999 1:28:00 PM
From: MrThesp  Read Replies (1) | Respond to of 90042
 
LOL<<I am not as quick as you all are>>Sometimes “quick” isn't so good...

I'm so “quick” I moved my average price way up on FORE. BUT...I also did very nicely on the way.

I sometimes forget that although my price level is higher I also made a lot of profit on the way up. When I take my gains into account my “real” price for FORE is lower than when I first got in. But it's a risky game to play.

When things look bleak temporarily it's easy for me to forget how great things have been recently. I've done great with FORE so far...and that's without a buyout.

BTW- As far as I can tell, FORE's earnings are on the 23rd right? Couldn't find it listed on Briefing's site but I think that's what Zack's said. Just curious.

Paul {:-)