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Non-Tech : The Critical Investing Workshop

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To: Voltaire who wrote (26609)7/26/2000 8:29:50 AM
From: im a survivor  Read Replies (1) of 35685
 
Tom,

you still think ELON is a hold ??

How bout rnwk and lpth.

I bought the elon and rnwk with the sole purpose of writing cc's. I got rnwk at $49, so if it holds, maybe I can write again for Aug if we get a little pop...on the flip side, if rnwk is heading downward, I'd rather bail now....any thoughts?

Elon - Well, I bought at 59 so now it's either sell for a big loss, hold and hopefully get a pop, or write cc's now. Problem with writing cc's now is it is $25 below my buy price. CC's at $35 or $40 leave me with huge loss if stock gets called.

LPTH - I would have figured with the sector as hot as it is we would have run form $48 - $60, instead of downtrending backwards. You still like this one for the long haul and how much downside do your angels see in it.

Hopefully the Q gets going. I'm still not too sure how this spin off is going to effect my leaps. Somebody tried explaining it to me yesterday on the q thread, but I'm not too sure I understood correctly. If anybody can give me a simple explanation as to how this new spin off effects my q leaps, I would appreciate it.

Thanks as always....hope you enjoyed your trip

keith@confusedasusual.com
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