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Technology Stocks : Compaq

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To: Terror who wrote (327)10/21/1996 8:57:00 PM
From: hpeace   of 97611
 
mb..please give marcie some long plays so she doesn't play long cpq.

but, if you just have to play cpq then...
the play on cpq is a naked call ...look at a dec 75 or dec 80. If you don't get dec 80 for 1/4 forget it.
maybe even a nov 75 or 80.
best play is wait til massive pull back then buy a bunch and keep it.
Don't try to time after you buy,you will not time cpq.
this is only if you are going to do it no matter what. there are better plays... quite frankly one of mb's other long positions would be better...
My stance on cpq is to prevent early puts not talk people into long position.
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