Options Message Board - Msg: 13511704

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Strategies & Market Trends : Options

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To: Jill who wrote (6986)	4/27/2000 1:12:00 PM
From: mtnlady	Read Replies (1) of 8096

That sounds good to me! (i.e. going up) After getting scorched a couple of weeks ago I loaded up on NTAP stock and options. I figured they were the 'safest' double out there and their earnings are coming in after csco and several weeks out of this mess so they could receive a nice pop. DS has stated several times that this quarter is historically NTAP's strongest. Regardless I felt very safe holding NTAP for the long term while still expecting a double from the point where I bought them (high 40's low 50's). I can say my very first call purchase went well though! Bought NTAP sept 100's at 3 and sold at 7-8. I bought more later and will buy again if NTAP goes down into the 50's. Sold my ETEK yesterday. Just don't trust this market right now. Take the profit and run kind of mentality right now... <g> What can I say.. two weeks ago kind of made me into a coward! Lol! Except for my Siebel, NTAP and NT. I'd love to get more CREE too.

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