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Technology Stocks : Compaq
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To: Windseye who wrote (69886)10/25/1999 11:21:00 AM
From: rudedog  Read Replies (2) of 97611
 
Doug -
No - having ridden those puts through Intel at 65 I'm still holding. Could have made a decent profit on both sales as those were at 3 and change last week.

Did get out of PFE (15,000 shares) at 39 1/2 this morning, based on a hot tip from my trusted diversification advisor. I'm practically turning into a trader.

I also got 400 contracts of CPQ jan 20 '01 LEAPs - ZKPAD - at 4 1/2. I will go for more if I can get them under 5.

I am really delighted by the IDC data. A big rise in CPQ units would have almost certainly meant a big panic sales effort, bad for profitability. A big drop would have meant failure on routine field execution. But where we came in was "Just right" IMHO to indicate that MC's hand on the tiller is steady. I feel strongly enough about that to place a bigger long term bet.
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