Baan (baanf) Lets TALK!!! Message Board

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Technology Stocks : Baan (baanf) Lets TALK!!!

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To: Fred Fraschetti who wrote (422)	8/28/1997 7:16:00 PM
From: Jimmy Lin	of 821

I don't touch options unless I have 100% conviction that the stock will move one way or another. At this point, I have no clue where BAAN is going to go. I have covered at $58. Made 1 point from a 23 point deficit. A real squeeze indeed... I think it may bounce up from my past experience. Today's downturn is probably related to another acquisition made by BAAN. Whenever BAAN makes an acquisition, it drops and then it springs back. Looking to re-short BAANF at a higher price. This jackrabbit is a tough short. I am a very experienced options player. Did extensive options in the past. Nothing is as good as straight buying/shorting stocks. You don't have to worry about EXPIRATION DATES and those fatty premiums.

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