3Com Corporation (COMS) Message Board

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Technology Stocks : 3Com Corporation (COMS)

COMS 0.00170

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Feb 6 9:30 AM EST

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To: joe who wrote (16957)	6/5/1998 11:55:00 AM
From: craig crawford	Read Replies (4) of 45548

"Pricing other puts" means still waiting to purchase. "Bought July 25's" means already have purchased. Yes I bought more than one contract, but what does that have to do with anything? Does the amount of the bet you place have anything to do with your success in predicting the outcome? Did all the stupid fund managers who bought millions of dollars worth of COMS for the last 50 points know more than tiny little shorts like myself? << Your assumming the earnings report will be bad. >> I already know it's going to be bad. Everyone knows that. I like the risk reward with those puts. Maybe they will quadruple if all hell breaks loose. If it doesn't look like the puts are going to do much I can buy COMS at anytime in the next 43 days and I have an insurance policy that limits my losses below 25.

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