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Strategies & Market Trends : Canadian Options

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To: Jan Johnstone who wrote (749)	11/25/1997 2:04:00 AM
From: kanta	of 1598

to all experienced options traders: how are you'r feelings on Newbridge Calls right now. They have been battered down with their last earnings warnings and will report actuals on tuesday Nov 25. I feel the stock has bottomed out and may shoot up if earnings on tommorow don't bring out any surprises and forecasts for next quarter can be kept online with previous projections. What you consider buying Dec 65 Calls today and hope stock will shoot back up like it has done in past situations of bad new, prior to release of actual earnings. Would a dec 65 call be the best best to buy now.??? I am a rookie and would appreciate help from some of you pros. KANTA

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