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Technology Stocks : Newbridge Networks
NN 12.54+6.0%Nov 7 9:30 AM EST
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To: Chris Stovin who wrote (7838)11/25/1998 2:32:00 PM
From: OrionX  Read Replies (1) of 18016
 
Chris,

That was a comment made by Hutch. I believe he makes a good point as if the stock has soared to high, there may be a likely downturn, profit taking or negative events that may come to pass. Certainly is a good strategy to cover a short sell with calls just in case.
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