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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Bald Man from Mars who wrote (4896)3/13/1998 6:27:00 AM
From: Pancho Villa  Read Replies (2) of 18691
 
WCOM Why is this dude overvalued ???

To be honest, I looked at the stock carefully last time when they sent in the paperwork for the MCIC merger and reached the conclusion I would sell when the stock reached 18 months at any price above 30. I was pleasantly surprised to have gotten 38 in this crazy market! I am going to Florida for a week and try to give a more satisfactory answer from there.

Whether your Option play will work is difficult to say. It looks like some interesting things may develop between now and June. I am glad you did not buy April's!

AS you know, IMO making a buck trading naked options is very tuff.

Pancho
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