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Politics : Idea Of The Day
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To: Nancy who wrote (18059)4/20/1998 6:27:00 PM
From: Getcher  Read Replies (1) of 50167
 
Thanks Nancy,

Picked up 500 shares @ 40 1/4 and sold 10 OCT 40 Puts @ 6 3/4 today. Got some May 50 calls from awhile ago ... I hate buying stuff, so I probably won't add to them, but this would be the calls I'd pick for a run to earnings on CHKPF. Still have some OCT 40 call's from when the stock was 36ish a while back and I combo'd into them (Buy calls, Sell Puts), but had dumped the Put at 6ish when the stock breached 43-4. ... they should come back to a double soon.

Obviously I like this one. IF INTC/RMBS/TXN/MSFT/CSCO leads us into the era of internet business, the wave of the future (very difficult to do a dump of the vision I see 10 years from now in this area ... I know that Karun sees this better than I), CHKPF will be the dominent force behind protecting this business environment from the critters that haunt our economy so.

Getcher
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