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Strategies & Market Trends : Gorilla and King Portfolio Candidates -- Ignore unavailable to you. Want to Upgrade?

To: Uncle Frank who wrote (4994)	8/20/1999 6:43:00 PM
From: Mike Buckley	Read Replies (1) \| Respond to of 54805

aawhm = August 165 strike price calls aawhm = mistake. :) --Mike Buckley

To: Uncle Frank who wrote (4994)	8/20/1999 7:07:00 PM
From: Labrador	Read Replies (1) \| Respond to of 54805

Why not write put options at your "dip" price? For example if your dip price was $150, why not write puts with a $150 strike price? Collect a little cash while your waiting to see if it ever dips. Just a thought. My August 140 puts expired today (which I wrote) -- got to keep the $6-7 premium).

To: Uncle Frank who wrote (4994)	8/20/1999 11:07:00 PM
From: Douglas W. DeVries	Respond to of 54805

Uncle Frank: Thank you for your words of wisdom with respect to market timing. About two weeks ago I sold half the Q that I had in my Roth IRA and bought some Global Crossing because it looked attractive and because it remains one of George Gilder's favorite bandwith picks. I was very restless right after I did this. I started checking the price of Q more frequently and I finally couldn't stand it any longer. I sold all the Global Crossing in my Roth and bought back the Q at 154. I've decided that my strategy going forward will be to continue buying the Q on dips of 5% or more. There will not be any sales in the future based upon my agreement with the thread that the Q has indeed attained GORILLA status. BTW, I greatly appreciated the dialogue between you and DownSouth on the NTAP thread. I agree that NTAP and EMC are two companies worth keeping an eye on. I decided to establish a small position in NTAP after their earnings report this week. Keep up the great work and have a great week-end. Doug