Netscape -- Giant Killer or Flash in the Pan? Message Board

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Technology Stocks : Netscape -- Giant Killer or Flash in the Pan?

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To: Leo Francis who wrote (1881)	1/5/1998 8:52:00 PM
From: Stephen M. DeMoss	of 4903

Leo, I agree with your outlook near term for NSCP. I too made a decision that Nscp will trade down near term so I sold calls in Feb. at the 20 strike. I believe it may trade as high as 20+ but has more chance of visiting 16 first. I was so close to buying more at the close last friday. That is the only thing I am happy about today. So I picked up 11/2 to sit with for the next 6 weeks. Hopefully it will trade around here or maybe go down and then trade near the 20 strike for a second selling of calls. This is a bad day for all of us. Lets try to keep our heads up<G>. Ps. Id be interested in your mystery stock. Steve D.

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