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Non-Tech : The Critical Investing Workshop

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To: invictus who wrote (15340)	4/20/2000 8:56:00 AM
From: im a survivor	Read Replies (1) of 35685

<<until about 2 weeks ago, I think most people would scoff at a 50% decline in many of the "hot" companies but it is an issue cc writers should consider in the present market>> Gee...do ya think ?! <ggg> I bought elon at 108 and wrote the april 100's bought elon at 88 and wrote the april 90's bought elon at 65 and wrote the april 65's rnwk at $75 and wrote the 75's rnwk at 65 and wrote the 65's cmgi...have owned for awhile but wrote some cc's when it dropped from 160 - 130...now trading at $50 - $60 I could go on, but the point is, it does not take much for the houses to smack any stock 50 - 75% in the blink of an eye....lptha at $50, down to $13, and etc, etc....it was a blood bath and if a stock lost only 10-30% like sunw and csco and etc, it was doing GREAT.

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