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Technology Stocks : Cabletron Systems (CS: NYSE)
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To: Shawn M. Downey who wrote (5458)12/9/1998 9:07:00 PM
From: FNS  Read Replies (1) of 8358
 
Hi Shawn! Good luck...double up after the bad news comes out around 12/22 and catch a rally...I'd forego selling calls cause you could get caught up in a takeover or you might have to give it up. In any event, you can always buy them back and sell further out calls....gets messy though! Hopefully, the stock is as discounted the bad news and will base out till earnings....hope CS doesn't PULL another stupid surprise! (Comments: IMHO!)

Good Luck,

FNS
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