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Technology Stocks : PairGain Technologies

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To: Ray Smith Jr who wrote (24993)7/2/1998 2:04:00 PM
From: Tricky Ricky  Read Replies (1) of 36349
 
***OFF TOPIC***

You all have to take the Tricky Ricky course in investment strategies. I'll teach you how to lose your shirt in the best of ways. Here's an example:

NSCP runs 8+ yesterday. Buy the Aug 30 puts at the end of the day for $2. NSCP runs to 43 then settles down to 40 today. Buy the stock at 40.

Now, I gotta ask you, is that investment savvy or what?? Hopefully, I'll see a nice pop in the stock to cover my loss on the puts - or even better, a nice pop followed by a nice poop so I can make money on both. You just gotta try this strategy because there is one "for sure" in it - IT"S NUTS!!!!

TR
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