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

To: BSGrinder who wrote (61269)	6/2/1999 3:39:00 PM
From: Knighty Tin	Respond to of 132070

Kit, I rolled my June 60s down to 55s a while back and I already had 55s in place. I also have a third of 50s, so I'm set for the earnings warning. With Dell, I rolled my June 40s to 35s to 30s. I am holding a mere third right now, hoping for a dead cat bounce. We are getting to that point where the absolute number doesn't augur well for great profits in puts on Dell. It has already lost nearly 25 points and is unlikely to lose another 25 from here. So, I am holding some powder dry and looking at other issues while keeping a toe in the water on this one.