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Technology Stocks : PairGain Technologies -- Ignore unavailable to you. Want to Upgrade?

To: john p. carney who wrote (34870)	11/23/1999 12:30:00 PM
From: Doug Bean	Read Replies (1) \| Respond to of 36349

John: I always buy further out options. i have had fantastic success on options by doing that. I already have 30 contracts of the Jan 10s that i bought early this year @ 1 13/16,, they are now in the 7s. I'd sell them , but I plan on buying the shares. I have 20 contracts of the jan 2001s 7.5s which i paid 4 bucks for and which are in the $10s. I may buy them too... But I may need them to pay taxes with next year. Soooo, I am trying to buy some lower price stuff to trade with and am looking at the Jan 2001 20s. Ask is 4 Bid is 3 5/8 . Any move from PAIRs current price back to the 17s 18s alone will return a nice profit. I am not looking to hold these long term,, I already have enough of that . i am just looking for somehting to do to keep it interesting while I wait