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Technology Stocks : Jimbo's Playhouse/CPQ -- Ignore unavailable to you. Want to Upgrade?

To: Kenya AA who wrote (2409)	6/23/1999 4:29:00 PM
From: Jimbo Cobb	Respond to of 12663

Yeah, COMS got clocked 2-day...my only current position is some Jan $40 naked puts I sold for $12, so $28 is my breakeven on that trade, although I've made a ton trading COMS stock over the past 5 years..... They bought back 10 million shares last quarter, which is likely a big reason it rebounded so strongly from $20 to $30...authorized another 15 million this time, and sounds like it's more than just talk....will likely put a floor of $25 or so on this one for the time being.... Jimbo.