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Technology Stocks : MSGI Marketing Services Group Inc. -- Ignore unavailable to you. Want to Upgrade?


To: B K who wrote (1112)5/24/1999 8:15:00 PM
From: Mark Peterson CPA  Read Replies (1) | Respond to of 3418
 
BK, no big deal. Let's move on to finding real information.

Although this may seem apocrophal to some, I don't try to predict where a stock will be in three months or three years - although some stocks that you have seen and have yet to be tested are sure winners and you just know it in your gut.

I just take the valuations the market gives me at any point in time and set a position through a combination of stock, puts, or calls, that gets me delta neutral or livably close to it with the expectation of a reasonably acceptable rate of return. Probably a holdover from my marketmaker days on the floor.

And that's tough to do with MSGI because there are no options traded on it. So when I set a position, I know its going to be essentially unhedged and that makes the analysis all the more important as well as the expectation that I'm more than 50% right in my assessment.

But I really hope everyone on this and other threads do well and kick some major butt in the process...

Just not my butt (;~). If you post, you're a good guy, OK?

Tomorrow's another day,

Mark A. Peterson