PSFT - 1997 Outlook [closed thread] Message Board

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Technology Stocks : PSFT - 1997 Outlook [closed thread]

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Oct 29 5:00 PM EST

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To: Chuzzlewit who wrote (286)	9/6/1997 12:02:00 PM
From: AlienTech	of 940

>>Something for all you high rolling option players to think about. When PSFT announced earnings last quarter, I would have sworn that the stock would reach the 70's in short order, but instead it dropped to 52. << Actually I went against the trend and stopped one of the main options plays on here.. :), And in most instances I do agree that you have to very carefull in how you do it and your entry/exit points. But when the big money does it, heck ist easy to follow on their coat tails to make a few bucks. I said a few bucks, not a get rich quick scam.. Which usually ends up taking you to the poor house.. BTW that MUEI options I bought :) well now that I got what I paid for it out of it, anything I gain at this point is free money which is upto 5 points from now till jan 98 and if its still below 17 1/2 by then I aint loosing anything either. I think if you play it conservately and the same way as a stock then the risk is reduced quite a bit. Subject 16162

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