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Strategies & Market Trends : Tech Stock Options

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To: Jerry Olson who wrote (31223)	12/15/1997 12:49:00 PM
From: Tom Trader	Read Replies (2) of 58727

>>Far be it from me to tell you what to do... Come, come -- that has never stopped you in the past -- why change your MO now:) >>But CPQ as you know announced a 2-1 split, that always helps prop the stock... Well the announced split has not done much for the stock this time around -- like with TXN --- just cheap and cheaper >>no real worry with a stellar co like CPQ...esp on down the road. All the positions that I am taking/will be taking are with quality companies that are leaders within their sectors and if all these go under then I guess I'll just have to go out and get a job again. But I am sure-- as sure as one can be when investing--that within a couple of years -- assuming that I am able to enter at all three levels -- I'll be in great shape and what I am doing now which looks dumb -- will pay off in spades. Remember OJ --- buy when no one wants the stuff and sell when everyone wants it. Like in summer this year when people were buying stocks like there was no tomorrow -- was when I liquidated almost all my positions. My only regret is that I got back to 30% long, in September --without any downside protection--and I have paid the price for that. Take care

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