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Technology Stocks : Compaq
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To: Analog Kid who wrote (14521)1/22/1998 3:22:00 PM
From: Mike Gordon   of 97611
 
Ed
Digital Man

I'm one of those guys that sold Feb 32.5 calls (20 covered). My thinking is that I have 2k in inventory which will produce a nice return between now and Feb X date. CPQ @ 32.5 plus, I loose the shares, but at a considerable profit and cost of call. If less than 32.5 I have a nice profit and an opportunity to do this again.

Mike Gordon
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