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Technology Stocks : Compaq
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To: hpeace who wrote (10866)12/11/1997 1:12:00 PM
From: Skipper  Read Replies (1) of 97611
 
steve,
what do you think about a short-term straddle? The way this thing has been bouncing from ~57 to ~66, now would seem like a good time to pick up a Jan 60 or 65 call. When the techs rebound next week (like they've done so predictibly this qtr.) one could pick up the put and profit either way consensus has the stock moving in anticipation of earnings announce.

Skipper
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