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Technology Stocks : Siebel Systems (SEBL) - strong buy?
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To: Uncle Frank who wrote (4595)3/7/2001 5:21:18 PM
From: Road Walker  Read Replies (1) of 6974
 
UF,

Good trade. If anyone feels comfortable with the risk of owning SEBL at a lower price, there is a very good buy/write opportunity on the April calls. Buy the stock @ 31 9/16, sell the April 35's (SGWDG) @ 3 7/8. If you get taken out, upside is about 23%, downside is protected to about 27 5/8 (12%). (all closing prices today)

John
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