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Technology Stocks : Newbridge Networks
NN 13.69-2.5%Dec 2 3:59 PM EST
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To: Brett Nelson who wrote (3933)3/30/1998 11:15:00 PM
From: B.REVERE   of 18016
 
[OPTION STRATEY]--Brett, have a small position(long)on NN.
Why couldn't the strategy to have bought the 20's and sold
the 25's short?" That way, if the stock moved to 30, his 20
position tacks on 2 1/2 and his sold short 25's only loses 1 1/2.
Am I missing something here?

Later,
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