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Technology Stocks : CHPS
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To: Jimbo Cobb who wrote (2119)7/17/1997 12:25:00 AM
From: Mark A. Stang   of 2740
 
October 12 1/2's are worth thinking about, unless we get a blow-out tomorrow.

Decided today to hedge my sale of 1,000 shares yesterday with 20 July 15 contracts purchased at 1/8 (total cost = $305). If CHPS just meets earnings estimates, I'll kiss it goodbye and take the wife to BK and Showplace 8 Saturday nights for the rest of the summer. If CHPS explodes tomorrow I won't miss the 1,000 shares so much.
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