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Technology Stocks : BAY Ntwks (under House)

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To: WBendus who wrote (3099)12/11/1997 11:11:00 PM
From: Paul Fine  Read Replies (2) of 6980
 
Wayde: Gee, it's Xmas. Time to be greedy. Why don't you wish it to drop to $10 so you can make a real killing! I am always amazed by people who are long but in the red who wish the stock would drop even more so they can "average down". How about just wishing it goes up so you can start making money immediately? Will you be happy if it goes to $22? Will you buy more then? Will you still be happy if the even greedier guy gets his wish and it drops further to $16? I know; you'll sell more puts and hope it does drop to $10 so you can buy even more.

'Nuff said.

Paul
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