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Technology Stocks : The New QLogic (ANCR)

QLGC 16.07

0.0%

Aug 24 5:00 PM EST

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To: Nine_USA who wrote (23526)	7/29/1999 11:51:00 AM
From: jim g.	Read Replies (1) of 29386

Probably 2 1/4 to 2 1/2 or so I would guess. Options are usually a losing proposition and I just don't mean buying and selling them. I have seen a lot of good long term positions in good stocks screwed up by people selling calls against there stock. It doesn't limit a big drop much but does limit a big gain.

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