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Technology Stocks : 3Com Corporation (COMS)
COMS 0.00130-23.5%Nov 7 11:47 AM EST

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To: Gary Korn who wrote (29229)3/25/1999 10:38:00 AM
From: Bridge Player  Read Replies (1) of 45548
 
<< Bought some COMS today at 21 3/4. Well, actually, I sold April 22 1/2 puts and took
in 3/4 point. Only if it gets assigned in 3 weeks did I pay that amount. >>

Nice play, Gary. That is the way to play these depressed stocks. And if you are assigned you can write 22 1/2 calls until the cows come home and have a very profitable situation.

BP
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