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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Roger A. Babb who wrote (9668)6/5/1998 12:35:00 AM
From: larry  Read Replies (2) of 18691
 
Roger,

Can you give me some idea on CPQ from the point of view of the short? I bought CPQ a short while ago and currently has a cost basis at 22 1/2 due to covered call writing. I think that the downside limit is at 22-24 but if it takes off, it can shoot up to high 30s in the second half of the year.

larry!
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