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Technology Stocks : Compaq

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To: Elwood P. Dowd who wrote (77061)1/28/2000 8:11:00 PM
From: Jimbo Cobb  Read Replies (1) of 97611
 
I don't know about you, but I'm sitting on a big pile of cash after a bunch of covered call options were exercised last week and a bunch of BRKT, SIII, DIIG, LSI were called away from me at HUGE profits....Of course, I still have more of them (only sold covered calls on a portion of my holdings), but now I also have a stockpile of cash....took advantage of today's dip in INTC to sell some Jan 2001 $120 puts for nearly $31 each....

I'm hoping for some more selling pressure in this FAT HOG OF A BLOATED MARKET before I really start buying heavily....

BRKT and LDP showed great strength today....those should be at the top of your buy list....

Jimbo.
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