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

To: Knighty Tin who wrote (56401)	4/18/1999 8:53:00 PM
From: Don Lloyd	Read Replies (1) \| Respond to of 132070

MB - (Prior to this news, Compaq stock had been the hero of this put cycle for me. This is partly due to brilliant timing on my part and partly due to a lucky mistake. I bought my original puts near the high on the stock and noted it here. That was brilliant. It dropped to $40 and I rolled 45s and 40s to 35s. Then it bounced and I bought more 40s. When it fell to 40 again a few days later, I planned to roll down to 35s. However, instead of selling my 40s, I made one of those occasional errors you will make using an online broker. I bought more 40s instead of selling the ones I owned and then bought the 35s. So, when the fall to the mid 30s took place, instead of having a dandy position in 35s, I also had 2/3s in 40s.) A likely story. Since everyone knows the market is efficient, you must have had inside information before you bought those puts. You're just trying to set up plausible deniability before EP turns state's evidence. What's the SEC compliance tip line number? -g- Regards, Don

To: Knighty Tin who wrote (56401)	4/18/1999 9:04:00 PM
From: Skeeter Bug	Read Replies (2) \| Respond to of 132070

mike, i think amzn has to be on the pizzazz radar screen now. they report the 28th and their sequential growth will be blah - up 5-10%. can a gadzillion pe stock take single digit sequential growth? i think the pizzazz answer is no. just a thought. oh, and the folks that invest in that crap will, more than likely, run it up over $210 in eager anticipation of this qs big fat loss they've been drooling over. wait'll next year, they yel. hardly. wait'll next decade is the new mantra!

To: Knighty Tin who wrote (56401)	4/18/1999 9:28:00 PM
From: yard_man	Read Replies (1) \| Respond to of 132070

I only rolled down once because I didn't follow your sage advice of buying two strikes -- that sure worked out well for ya. However, given the odds on this sort of thing I am very glad I didn't roll down the last time --- I think CPQ will rally on this news, at least temporarily. Should be interesting to watch tomorrow. Thinking about paying up for May CDWC puts tomorrow morning if a rally can take it to 70 or so. This earning report can't be good with all those sales people they added -- no possible way, IMO.