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Technology Stocks : IDTI - an IC Play on Growth Markets
IDTI 48.990.0%Mar 29 5:00 PM EST

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To: Rob S. who wrote (8061)4/27/1998 5:44:00 PM
From: Daveyk  Read Replies (2) of 11555
 
Since I sold those CC's(June 15's)on 4/23 they've dropped from 3/4's to 1/4.Thought I only got 11/16 but surprise my statement reads 3/4's.That's the only good news I've had today.Started thinking how I could buy them back for 200% profit already but it seems unlikely my shares could be called away.I could buy back and pocket more cash though by selling calls further out.What are your thoughts on this as I do not want to lose my shares?I'm still of the thought this one will run but unsure of when but certainly probability is low before next earnings barring some extroadinary news.Would appreciate your thoughts concerning this Rob.
Regards,Dave
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