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Strategies & Market Trends : Action & Options- Taxikid plays
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To: Druss who wrote (2946)12/5/1997 1:32:00 PM
From: Caroline  Read Replies (3) of 4339
 
OK kids, little help.

I've now lost more money with my buy-and-hold resolve than I did churning the same $20k a hundred times.

I'm convinced that KLIC's problems are baby-with-the-bathwater. KLIC works in $ and is actually helped by currency devaluations in Asia.

GDC seems to be going point for point with Lucent, with whom it had its last major contract. However, a $6 stock can't afford to go down pont for point with Lucent. It's now lost 50% from my purchase.

I've done better having options expire on me.

Any thoughts...
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