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Technology Stocks : WAVX Anyone? -- Ignore unavailable to you. Want to Upgrade?

To: Tony McFadden who wrote (8615)	8/5/1999 11:22:00 AM
From: Smilodon	Read Replies (1) \| Respond to of 11417

50% gain on the position. The decision to cover early would be an overall portfolio decision, not driven by WAVX. I have about 30 short positions. << Your numbers make absolutely no sense... Wavx is a 1% position, yet covering at 7-8 gives you a 50% gain, and covering at anything less than 30 gives you a lock on the year's gains for your entire portfolio? You must be doing non-Euclidean geometry or using imaginary numbers in your math, cuz it doesn't work for me.>>