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To: Jorj X Mckie who wrote (55095)8/5/1999 3:39:00 PM
From: Lizzie Tudor  Read Replies (1) | Respond to of 86076
 
Well, fwiw I bought dclk 75 puts a few days ago when the stock was in the high 70s for a little under 2. I sold yesterday for almost 8, a 300% return. I like buying puts for under 2 if I can find them and its tough to do in the net sector because they aren't priced or the premium is too high. Believe it or not the dclk trade was more profitable than even priceline, from now on dclk is my stock to short. If you or someone can tell me what the resistance is I'd appreciate it, my guess is mid-50s.