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Technology Stocks : Compaq

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To: Night Writer who wrote (22990)3/22/1998 7:12:00 PM
From: Mike Gordon  Read Replies (1) of 97611
 
Night Writer:
Back form the beach and all is well. Had time to watch CNN. Brian Finnerty was on (about 30 minutes ago) and couldn't say enough good about CPQ. I don't view him as a primary market mover, but every little bit helps. His comments points to your B " The price hangs around 22 to 23 then recovers." My position will be to short puts at 22.5, looking for 3/4 or better at this point. We'll see what happens Monday. Also will probably neutralize my 12 naked April 25's. Better safe than sorry. If you get a chance, take a good look at LU during any dips. Been my best play of the year.

Mike
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