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Technology Stocks : Oracle Corporation (ORCL)
ORCL 227.00-3.9%Nov 12 3:59 PM EST

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To: ge who wrote (18296)8/23/2003 2:40:13 PM
From: robert b furman  Read Replies (1) of 19079
 
Hi ge,

Right,

I would only consider it as a hedge with some puts.

Right now I'm naked with sold puts - worst that can happen is a forced sale at a cost of 11.45.

I sold September 12.50 @ 1.05. Couls have done much better at entry point but time decay seems to helping me stay above water.

Bob
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