Steve's Channelling Thread Message Board

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Strategies & Market Trends : Steve's Channelling Thread

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To: Zeev Hed who wrote (40)	12/21/1999 2:12:00 PM
From: Steve Lee	Read Replies (1) of 30051

Yes Zeev, I still have the VLNC calls. I have been watching them closely today and they have too much momentum for me to sell them just yet. I still have the THQI calls - I wasn't watching them closely when the stock broke down through 27 1/2 so now the calls are not worth selling. I have written them off in my mind and if they come back it is a bonus. I also have the BRCD calls. The YHOO puts expired worthless as did the RMBS calls. The IBM calls were sold on Friday for a fraction of what I paid for them. I have resisted the temptation to buy JNPR calls and instead put some more money into INTC stock. I like INTC and it is my only "buy and hold" stock. Also bought a small number of shares of EFCX cos I like their story and they retraced a lot of yesterday's gain today seeming to find support at 2 1/4. I think I paid 2 11/32.

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