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Technology Stocks : METRICOM - Wireless Data Communications -- Ignore unavailable to you. Want to Upgrade?

To: tuck who wrote (1409)7/12/1999 2:34:00 PM
From: rrufff  Respond to of 3376
 
Phew -- with busy day you got me nervous there. Yes I did exactly as you said MQMGH - covered calls.

Still long on MCOM but not for this week. - neutral and figure I might as well make a little premium.

Thanks for the heads up. (You did teach me a little lesson though. I am going to make sure I triple check orders from now on.)



To: tuck who wrote (1409)7/12/1999 6:06:00 PM
From: Junkyardawg  Respond to of 3376
 
I closed my very first option trade today.
I made a 90% profit on my "put" options on MCOM:-)

It may be a good company but it went up way to fast and
most every stock no matter how good has to come down some if
it goes up that fast. That may sound like a simple rule but
it is usually true.

Best of luck to all and if you are truly long you will be ok.
But in my opinion for the short term I would be short this stock.

dawg


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