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Technology Stocks : EXABYTE

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To: Arnold Layne who wrote (170)8/14/1998 4:03:00 PM
From: Jim Goodman  Read Replies (1) of 218
 
thanks, but please understand, that my "PSYCLE sm" traders almost never buy calls/options on low-priced stocks....preferring "margin with stops"....but that $ 2. gross option price you mention, is seemingly cheap, premium-wise, though....and you get kudos for at least only buying L.T., in-the-money, as I teach... so my best to you, and still long EXBT for now....you should also know I do and teach and share plenty of Puts as the situation warrants...check out the first few hundred posts on my S.I. thread, "Lessons: how to properly exploit the Downside in Puts", and have a good weekend....
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