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Technology Stocks : PWAV- the hot new IPO
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To: Gary Pence who wrote (1314)11/14/1998 2:56:00 AM
From: Ben Beale  Read Replies (1) of 1491
 
Gary,

Wellcome to PWAV and to SI. Its good to hear somebody else is long this one. Used to be some decent analytical thinking on this thread.... I bought at 10 last January and and sold Feb 10 calls which were exercised. I'm back in at around the same basis as you and I'm looking for another opportunity to sell some calls a little further out of the money. 17.5 or 20 was my target, but we've got to survive the FOMC meeting first. I think next week could be bloody; if the fed doesn't ease or gives the market another quarter point, I expect the NASD to be down 5% or more.

r/s
Ben
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