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Technology Stocks : Compaq
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To: FANMAN who wrote (13977)1/19/1998 6:28:00 PM
From: Sundar Rajan   of 97611
 
I agree. Instead of cashing in on some deep-in the money TDM Jan 20 (Tandem) options I converted them on friday to CPQ shares and plan to write covered calls at the 65/70 strike price and hope to generate some cash flow.
Still kicking myself for not getting out of CPQ Jan 70 calls at 50% loss when I had a chance three weeks back and let them expire worthless to a 100% loss.
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