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Re: Zeev Hed post# 65339

Wednesday, 01/15/2003 6:24:37 PM

Wednesday, January 15, 2003 6:24:37 PM

Post# of 704041
Watch IBM get creamed with all those writeoffs of intangibles.

I got some Jan 80 short PUTs worth about a dime that concievably go underwater if this gets nasty. I going to spend my dime after making a couple of dollars today.

PLus the dilutive effect of secondary offering to offset pension libility. I could go on and on.

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