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Technology Stocks : DoubleClick Inc (DCLK)
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To: Robert Ague who wrote (2187)5/27/1999 10:09:00 PM
From: Robert Ague  Read Replies (2) of 2902
 
Well, I was happy to get some money out of DCLK these last 3 days. I sold my June 100 Puts, and rolled the profits into June 90 Calls. The week after labor day will prove this wisdom.

DCLK is banging it's cranium against the mid-80s and, barring a meltdown, should bounce above 100 given the stochastics being way oversold. I just wanted to be long going into the weekend, June, and Mary Meeker saying how she loves the nets again after she has already bought the bottom.

Rob
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