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Non-Tech : CompUSA (CPU)

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To: TimC who wrote (1635)3/14/1999 11:06:00 AM
From: Vol  Read Replies (1) of 3187
 
Tim,

Some choices you have are bailing for a big loss or averaging down. An alternative to the last one is buying LEAPS and giving it time to recover. I got some Jan01 10 LEAPS for 2 1/4. Another alternative to averaging down is selling naked puts, e.g. May or Aug 7.5's or even Aug 5's. 'Course if CPU really tanks some more these naked puts won't help your margin situation any.

Vol
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