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Technology Stocks : Netscape -- Giant Killer or Flash in the Pan?

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To: ahhaha who wrote (1912)1/8/1998 9:27:00 PM
From: Stephen M. DeMoss  Read Replies (1) of 4903
 
Ahhaha: I agree with your bearish view of the market right now. To protect myself/portfolio, I want to buy puts on two or three companies which have some nice downside should the market continue down. No one would buy puts on MSFT but recently the charts had Msft below its 200 day moving average. Technical guys said the next move is to 100. If you did buy puts, which high flyers would you buy them for. also, do you hold Nscp? I do not see it moving upward till they are either bought out, improve earnings, or come out with an exciting plan; so I sold calls at 20 strike (versus selling outright). In a serious correction, how will Nscp fair? Thoughts would be appreciated! Steve D.
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