Roger's 1997 Short Picks Message Board

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Strategies & Market Trends : Roger's 1997 Short Picks

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To: up3up4 who wrote (7382)	11/21/1997 12:02:00 PM
From: CatLady	of 9285

Alex, Re: CTXS puts. March/April would be the right time frame, as that would be after they report Q4 and 1997 earnings. But the implied volitiliy is so high right now that I didn't find any puts with a Risk/Reward ratio I liked right now. How low could they go? That's the key. Easily to $50, just as easily to $90. I want to do some homework on whats in their new product pipeline before I commit any serious money to this one.

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