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Technology Stocks : THQ,Inc. (THQI)
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To: Sigmund who wrote (8713)11/25/1998 11:27:00 AM
From: Richard Spitzer  Read Replies (2) of 14266
 
Sigmund, my strategy is to keep my core shares "forever" and to play options for shorter term. I sold my old Dec 35 (now 23.3) calls this morning for about a 134% gain. Considering I had all but written them off for zero two months ago, I didn't want to get TOO greedy. If we skyrocket up near 40, I'll probably sell my Mar calls. And on the next correction, I'll pick up some additional Mar or Jun options.

Not saying this is a good strategy, just what I do.

Rich
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