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Technology Stocks : Sequent
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To: dibi who wrote (556)9/11/1997 10:44:00 AM
From: Rob C.   of 1229
 
Dibi,

Didn't buy any Sep 25's, stock and option opened too high...wanted to pay 13/16's yesterday and didn't get filled.....could have paid 15/16's but decided to pass...right now 1 1/8th on the bid....missed a lay up here...would have held for 1 1/2. I think SQNT will be 28 by the end of next week, but when I trade options I get out if I am up more than 75% within the first day or so.

I hold a core SQNT position and trade options to pay the rent. I love the long term posssibilities here.

Regards,

Rob
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