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Technology Stocks : PairGain Technologies

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To: Rich Powers who wrote (20698)2/16/1998 11:58:00 AM
From: margin_man   of 36349
 
I
know that I should have exited this option transaction before this but I kept thinking that Pair would break
and 21 and 1/2 and make a run to 25, especially in light of the nice move Adtran made last week.


Rich,

If you think so (the chart looks like so), how's about swapping 20
Feb 17 1/2 calls for 20 Apr 22 1/2 calls? This way you still keep
half of the money and wait for the next run. JMHO.

P.
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