DRIV (DIGITAL RIVER). Get in on internet IPO. Message Board

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Technology Stocks : DRIV (DIGITAL RIVER). Get in on internet IPO.

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To: fiberman who wrote (2118)	6/10/1999 12:25:00 PM
From: M. Frank Greiffenstein	Read Replies (1) of 3198

My strategy... FM, I am looking for a snapback rally tomorrow. If we get it, I will sell covered calls. Seasonality favors this strategy. Remember: "Leave in May, come back in November!" The Internet story is also starting to deteriorate, esepcially with a negative research note today on AOL. Tuesday I slapped covered calls on NTPA, BYND, TBFC and COOL. I wrote July and Aug contracts. I snoozed with DRIV, I guess I was expecting follow through on the huge rallies. Alas, I missed a good chance. I won't let that happen again. If DRIV continues to decline, I will add to my position and wait for the next summer rally to write the calls. DocStone

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