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

To: Monish Shelat who wrote (56602)	4/19/1999 9:04:00 PM
From: Tommaso	Read Replies (1) \| Respond to of 132070

I really never imagined that of course that SCH would unwind this fast. You are very adventurous--I have been sweating the Jan 2000 LEAPS, wondering if the damn thing would go to 200 and stay there for months. After all the craziness we have seen I could believe it. There could yet be a second high peak, the way that AMZN did. I expected some sort of bounce after it droppes 55% but never imagined it would return to the old high. I had an offer in today that would have given me about a 60% or better gain of some of my SCH, but the minuted I did it they lowered the bid. Am thinking of experimenting with being a market-maker myself. These spreads are ridiculous (say, 1-1 3/4) I could put in a bid/ask of my own that would beat these 1/16 or 1/8 both ways.