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

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To: Stanley L Brown who wrote (372)11/19/1996 10:32:00 PM
From: .com   of 5812
 
Stan: I looked into it. Since the price for the stock is so stagnant the premium is pretty low. You'd only get $1 for a June 5 option. That's not much--if CAWS takes off are you willing to let it go at $5 for a one dollar premium? I look at it differently becuase I have been buying the stock for a while and own it at a higher level. Thus, if I sold option contracts on the shares I own I could lose them at a big loss if the options were exercised. If I was buying CAWS new, now, maybe...
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