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Technology Stocks : Newbridge Networks
NN 14.21+1.7%Nov 28 9:30 AM EST
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To: thebeach who wrote (6467)9/13/1998 1:22:00 AM
From: MR. PANAMA (I am a PLAYER)  Read Replies (1) of 18016
 
NN at these prices with the turnaround nicely on its way presents a lot less risk than many other companies out there. I would be inclined to dollar cost average stock and long term calls. And just in case and fer a trading position some puts as a hedge.

Let the cash flow from the puts slowly eliminate the costs of the calls. If the stock stays here +- 5 fer the next little while GRIM will be very happy. GRIM always looking fer lower risk scalping strategies.
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