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Strategies & Market Trends : Action & Options- Taxikid plays

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To: tcarnes who wrote (3372)1/15/1998 10:06:00 PM
From: Ron Dior  Read Replies (2) of 4339
 
To all: Tomorrows hot play is Computer Associates (CA) Feb. 55 calls. Watch stock closely at open. If market opens lower it might fall a bit, but as soon as you see the bid uptick more than 3 times, buy right away. It will not drop below 48.5! Earnings are due out Tuesday and should be quite positive, but if you do not want to chance holding through earnings, pull out Tues. late in the day. Not 100% positive on time of earnings so you might want to double check. I am looking for a jump to 56 by Tuesday eve. If earnings are better than expected, we will see 62.5 by end of month. I have been following this stock for quite some time and this looks like a pure play.

Ron Dior
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