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Strategies & Market Trends : No-nonsense stock option picks !

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To: Daflye who wrote (69)12/15/1998 11:55:00 AM
From: Benchman  Read Replies (1) of 135
 
Bought 10 contracts of MCLD today. I got the April 30's. This is a pretty good stock. I also own it long. It normally starts running a couple of weeks before earnings, and peaks a week or so after, then it falls. Last time it ran from 16 to 36, and now is back down around 25. It could drop a little bit farther before the end of the year, since, people may have a tax loss on this one, however, 25 seems to be holding here. Anyway, I thought April 99 was an easy bet on this, and thought I'd mention it.

Rob.
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