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Technology Stocks : CSGI ...READY FOR TAKE-OFF!

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To: Josef Svejk who wrote (1767)12/28/1997 11:18:00 PM
From: tech  Read Replies (1) of 3391
 
Joe,

well, if you really must know, my trading portfolio is approx. $180K of which 7,000 shares at (approx. $6.25) is CSGI.

I also have 3,000 shares of KEA (on margin) I bought at $30

the rest in split between CASH, few other stocks I trade, and some options.

I also have a IRA which I hold 1,000 shares of BMCS I bought last year at approx. $42

2,000 shares of CPQ I bought at $56

1,000 shares of ORCL I bought at $22 (after it crashed)

1,000 shares of EGRP I bought at $20

3,000 shares of GTW I bought at $28

500 INTC I bought at $71

The rest, approx. $60K is in Cash.

I usually sell lots of covered calls in my IRA and invest in stock that I plan to hold for more than 5 months.

I use my trading account for the short term trading, options trading, and speculative stock like CSGI and ALYD.

btw- you can not buy options in an IRA.. You can only sell calls

That is why those who wish to trade options have to do them in a cash account.

In the next four months I will be liquidating most of my IRA longs and looking to fill it up with Y2k's and possibly only keep BMCS and some CPQ.

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