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Technology Stocks : CAWS - Wireless Cable (New and Improved)

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To: Kirce Stojanovski who wrote (228)11/12/1996 7:11:00 PM
From: .com   of 5812
 
Hi Kirce: I like the June 5's. Bought some this morning (already own some March 5's, and depending on cash flow after I sell another option contract this week I may buy more tomorrow). Heck, if they firm up their BANX agreement this year and the stock goes back to 7.50 the option will be worth over 3 (considering volatility, time, etc), with a 200% profit short term. The reason I am thinking about buying more is to make some money short term (next few months) and hold some long term, possibly through June. I still firmly believe this stock will be in the double digits by then.

Finally may be able to make money on this stock, but not with my existing shares of stock.
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