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Technology Stocks : Network Appliance
NTAP 114.72-0.9%Dec 3 3:59 PM EST
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To: Dr. Id who wrote (9141)9/18/2001 3:09:49 PM
From: Jacob Snyder  Read Replies (1) of 10934
 
Bought 04C15s @ 4, with the stock at 9.7

I had intended on waiting till 9 to make my next purchases, but I decided to up it a bit, as my previous buys were 2003 LEAPs, and I feel more comfortable with the 2004s. Hopefully, I will get a chance to unload the 2003s on rallies, and reload with 2004s. We are now retesting previous lows in the 9s. The stock has stopping doing those nauseating plunges, it just grinds grudgingly down, which ought to make the longs happy (in a very relative sort of way).

In the last 3 weeks, I've gone from 40% cash to 15% margin.
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