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Technology Stocks : Qwest Communications (Q) (formerly QWST)
Q 77.60-4.2%Dec 1 3:59 PM EST
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To: David Lawrence who wrote (3142)3/16/1999 3:49:00 PM
From: SJS  Read Replies (1) of 6846
 
Dave, your double backwards on this!! You sold calls on a marvelous stock that's got great recco's and in a market that's hot (semi, telecom). Are you gonna get called? As well, your puts are probably gonna be worthless, too.

Rather..........I did the opposite.

I SOLD MARCH 45 strike PUTS after VTSS dipped to 46 last week. GOT 1 1/8. Now 0. I would have gladly bought stock at 43 7/8 had I been put. Stock now just over 50, as you know.

Hmmmm...
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