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Technology Stocks : 3Com Corporation (COMS) -- Ignore unavailable to you. Want to Upgrade?

To: kcmike who wrote (40496)3/1/2000 1:18:00 PM
From: Danny  Respond to of 45548
 
kcmike, the put strategy really depends on your cost average
on COMS. Mine is 28 so I could afford "losing" 7-10 pts
on COMS. But if you cost average is above 50, be careful
as the put premium is pretty high right now.

BTW, I am not going to sell all my COMS shares as I really
would like to own some PALM for the long term. I may sell
half of COMS if PALM opens at some insane level,but will
keep the rest to get the PALM shares 6 months later, tax
free hopefully :)


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