[lbo-talk] theory of luck

loupaulsen at attbi.com loupaulsen at attbi.com
Fri Apr 4 08:03:57 PST 2003



> i recall the stuff about the put options on the airlines. so what is the
> scuttlebutt as to why these haven't been investigated--if that is indeed
> what is going on? (Kelly)

They were investigated. It was bullshit. There was increased activity in the options because the share price was falling toward the strike price. This is one of those old stories that never die.

I wonder what those darned 'vials of powder' will turn out to be.

lp



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