EMC How high can it go? Message Board

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Technology Stocks : EMC How high can it go?

EMC 29.05

0.0%

Sep 15 5:00 PM EST

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To: SJS who wrote (3993)	1/25/1999 4:12:00 PM
From: Jeff W.	Read Replies (2) of 17183

Could you let me know the downside to writing the Feb 100s at 7 5/8? Seems like a great price to me, and a nice way to lock in a profit. In the event the stock looks strong through 107 I'll pick up more equity. Meanwhile, if we get any kind of sell-off on the earnings news, I'll buy back the options for less and hold my current equity long term.

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