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Technology Stocks : BORL: Time to BUY!

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To: Neil Booth who wrote (7311)11/12/1997 3:42:00 PM
From: Jack Gibson  Read Replies (1) of 10836
 
Neil: Many thanks for the info. Sometimes I wish I knew more about
the technical aspects of options calculations, but after spending a
good many hours with MacMillan"s book on options (I'm told that
his book is the "bible" for serious options traders), I find that knowing
too much about the finer points tend to obscure the bigger picture( for me, at least). I like to think that I can pretty well select stocks that
will move the way I think they will.........not always of course, but
I hit a good many more than I miss. I am not a short term trader.
Short swings kill most options buyers. I like at least 2 months, but
3 is even better. I love Leaps. But, in all honesty, a long-term bear
market would cost me a lot of money. That's why I play options
with money that I can afford to lose.
Thanks again for the info, and for your interest.
Cheers and luck to all,
Jack Gibson
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