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Strategies & Market Trends : Tech Stock Options
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To: Electric who wrote (30097)12/3/1997 11:43:00 AM
From: Rick C.  Read Replies (1) of 58727
 
El~WLA dropped 19% on concern for a 3% slice of their revenue. As it dropped through 113 Mon. I bought Jan 120 calls.

Question is, take a nice profit soon, (already back to 120 1/8), or sit back and watch the remaining 45 days unfold for a poss. grand slam?? Is this the time to show some discipline? Or hit and run?

Thanks,

Rick
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