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Strategies & Market Trends : Value Investing
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To: TimbaBear who wrote (12104)2/26/2001 1:52:01 PM
From: Mark Adams  Read Replies (1) of 78470
 
Sold 1 July 17.5 strike CEGE call for 3 1/8 against my initial foothold of 100 shares. That should put my cost basis closer to $13 if CEGE tends towards net cash, and gives me an exit price fo $20.5 if called.

If they make a breakthrough between now and July 21, I'll have taken the risk and sold the upside.
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