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Technology Stocks : C-Cube -- Ignore unavailable to you. Want to Upgrade?


To: Craig Gordon who wrote (47532)11/11/1999 11:35:00 PM
From: Steve Fancy  Read Replies (1) | Respond to of 50808
 
Whoa, kinda dwarfs my position<g>. Actually I had done something similar on a much smaller scale and own the Feb 30's for free, but would just as rather hold the gains. I guess I've looked at it as $20 for the semi division, $6 in cash, so HLIT could drop to around 40 and CUBE still ultimately good for about where it's at? Unless my logic is faulty, seems there should be time to get out if it appears the bottom will fall out of HLIT.

Still seems safer to me than some of the other high fliers with the Nasdaq at 3200. Sold my ORCL today, but in hindsight, based on the globex futures looks like I could have got one more day out of it anyway.

Any feedback appreciated.

sf