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Technology Stocks : Cabletron Systems (CS: NYSE)
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To: Bron-y-aur who wrote (4213)6/28/1998 4:54:00 PM
From: ChinuSFO  Read Replies (2) of 8358
 
OPTION STRATEGY:

Buy 2x January 15 Calls. Sell x January 10 Calls. If CS does something, we'll go above $20. If they don't we'll fall below $10. The only way to get hurt on this one is if we finish at $15 on the third Friday in January . . . unlikely IMHO.

CR
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