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Non-Tech : Invest / LTD -- Ignore unavailable to you. Want to Upgrade?

To: Thean who wrote (10550)	11/11/1999 5:32:00 PM
From: SJS	Read Replies (1) \| Respond to of 14427

TXCC exploded with the coiled spring energy it's been storing for the last week or so, trying to pierce 50. I am short the 55's and if called, it would be a perfect time to cash out from the huge run it's had. Not to say it won't go higher, but 55 is the new hover point. No....didn't sell MTSN calls naked, but the ones I did sell I sold for DEC. Now with the stock showing an agressive upside potential with good volume, I've hedged the 15 calls with stock, again under 15. If the stock moves up, I can re-write the 15 or next series (17.5's if they open them......) for a nice total return. Frankly, I think the floor has moved up for the stock with this run. I think right now I'd risk being net long in the new semi stock with semi's getting the kind of press we're seeing. The tide ig going to lift any reasonable ship, and Brad's got good credibility. Steve