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Technology Stocks : Cheyenne Software - Will it be bought by Computer Assoc.?

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To: John C. Hom who wrote (85)4/28/1996 12:55:00 PM
From: Jerry J. Kaczur   of 130
 
John, I unloaded my CYE on the next day of trading after the announcement - made a good 28% overall.

You're right - the day/week trading is exciting, and we have better odds than Vegas! I'm sold out on all my positions and I finally have all my accounts consolidated - so I can make a good 2-5% profit on a day trade if I want to. What I'm going to do next is covered calls (after a little research). I made a killing in GEMS last week. The price went up at least 28% the day after it announced their earnings. I didn't see the earnings report the night before and was suprised when my sell limit was executed - and was sold higher than what I set!. Its too high now for my comfort. So I'm looking for other "opportunities".

Keep in touch - I've seen some of your comments in BAY (I recall?).

- Jerry (Tennessee)
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