Cyrix 1 Where anything goes Message Board

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Technology Stocks : Cyrix 1 Where anything goes

CYRX 8.690

-0.8%

Nov 14 9:30 AM EST

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To: fuchi who wrote (171)	2/7/1997 11:27:00 PM
From: Peter Dierks	of 640

Fuchi: The May Calls are the shortest length I could get to guarantee collecting my premium for the first quarter's earnings beating the analysts expectations. I cannot see them making less tham 50 cents. Stop losses are of some value, but I only like to use them if I cannot watcha stock for some time, like on vacation. The problem is that they may only briefly dip below your stop loss and befor you know it you are out of the stock, and it is expensive to buy back in. With more stable stocks it is more useful. Peter

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