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Technology Stocks : Compaq
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To: Chris Le who wrote (26232)5/15/1998 9:03:00 PM
From: Night Writer   of 97611
 
Chris,
Didn't go below 30. That is good, but the price drop killed any real profit on the 30 calls after commissions. Look for those who exercised the calls to dump for any small profit before they have to pay for the stock. That includes today, Monday and Tuesday. Add to that the interest rate concerns, and return of our good friend the Asian Flu. We may see some good buying opportunities. That or selling some calls and looking for a small run up before buying insurance puts. A somewhat risky option play.
NW
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