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Technology Stocks : Compaq

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To: hpeace who wrote (14799)1/25/1998 12:05:00 AM
From: WeisbrichA  Read Replies (1) of 97611
 
For whom? Compaq or Joe Investor. I do notice that your positions always seem to cover the low end with a long put. Looks like you use a 5-15 pt spread for max exposure on downside. Compaq would not really care if stock kept on tanking, expecially if Stock buy-buy in progress.

Compaq has buy-back on hold because of the TDM purchase. rules, rules rules. I beleive buy-back will be allowed to resume again in June?

RW
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