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Technology Stocks : Netscape -- Giant Killer or Flash in the Pan?

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To: Thai Chung who wrote (1627)11/24/1997 10:58:00 PM
From: grasshopper  Read Replies (2) of 4903
 
Aloha Thai Chung & thanks for the news.
I venture to guess that I may be the one poster here who
has been LONG on NSCP since the begining of this year.
I bought at 47 and sold enough covered calls to bring down my
entry price to 40, but I will soon HAVE to sell and take the BIG loss
for tax reasons because of all the premiums (profits) I collected on
my covered calls.

I don't know, but I get the feeling this prince didn't MAKE HIS
OWN money, and he's not experienced in such matters, but I
certainly know nothing of him.

It is VERY interesting that he bought FIVE percent of NSCP,
though.

Mahalo,
grasshopper
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