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Technology Stocks : CHPS

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To: CalculatedRisk who wrote (2020)6/27/1997 12:03:00 AM
From: Timoteo   of 2740
 
Bill- maybe SIII's preannouncement of poor sales/earnings may actually be good for CHPS. With already reduced expectations, and the competition suffering, CHPS doesn't look so bad from a valuation standpoint. I halved my long position last week to be on the safe side, but also hold a lot of Oct puts. One good quarter is all I need for those to pay off and make up for my CHPS losses:). Longer term, I think their work in flat screen technology may pay off big.

Timoteo
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