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Technology Stocks : PairGain Technologies

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To: MichaelJ who wrote (20869)2/22/1998 11:43:00 PM
From: Jay Mowery  Read Replies (2) of 36349
 
MichaelJ,
<<<<Keep MY HEAD screwed on??>>>>
You find a way to do that and I know several people who would pay you a lot of money!!!
It maybe an error on the side of caution, but I think the only thing being said is: Make sure you understand the play you are making and Make sure you understand the risk!
When I first looked at options and didn't really understand all I say was DOLLAR SIGNS!!
I'll always consider myself a student! I don't want to ever give the impression I know everything. (FAT CHANCE)
So if someone adds something or makes a point from another perspective. I want people to take note.
To me or you something may be familiar but to someone else it may not! I have no problem buying puts on PAIR but I know the stock and the play with a put!
The only think I think that got pointed out is if PAIR drops you may have to scramble for cash and be ready to sit! All I saw on the first selling of a put was somebody was gonna give me MONEY!!!Forget down the road. That's all.
Also thanks for the input. I don't think we can ever over study options plays!
Best to ya,
Jay
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