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To: Jill who wrote (3392)2/22/2000 11:53:00 AM
From: RocketMan  Read Replies (2) | Respond to of 8096
 
Sold to close my cree May 85 calls today for almost 1000% profit. Sold all my common as well. Bought some 130 puts Friday and this morning. Just closed them out at a reasonable profit, and bought March 180 calls for around 10. My thinking is that cree will bounce back over the next few weeks, but it is going to go through a lot of volatility.



To: Jill who wrote (3392)2/22/2000 12:00:00 PM
From: SecularBull  Read Replies (1) | Respond to of 8096
 
Jill, I took ed's advice, and liquidated my TERN. 200% in a month will have to do, I guess. I'm not used to this trading.

I thought about selling calls, but after doing some more DD, I'm not sure that I really want to be in it for the long term (at the possible expense of my known quality holdings). I just wanted out- today. The potential for TERN is there, but it is just potential.

There is much question as to the economic feasibility of the technology becoming widely deployed.

Regards,

LoF