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Technology Stocks : Compaq

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To: hpeace who wrote (11687)12/18/1997 3:35:00 PM
From: Richie  Read Replies (1) of 97611
 
Steve,

You warned me months ago about buying CPQ options....
and I just want to tell you that your ABSOLUTELY right...
i've had my head handed to mean, and then some, so to speak; however, i am not willing to give up!
How do you feel about this strategy....

picking up some january 60 calls.....
on a day like today....or another down day...maybe even the 58s
and on the rally, picking up some jan 50 puts.

i read some of the posts that you recommend to me, and again
thanks for the useful information!

RichieH
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