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Technology Stocks : S1: Doing Business in a Dot Com Depression, -V1 -- Ignore unavailable to you. Want to Upgrade?


To: tuck who wrote (784)3/4/2000 12:12:00 PM
From: Techplayer  Respond to of 1013
 
tuck, I am just starting to read about options. I have been jumping in and out of companies frequently. I was fortunate to have a 100 sell get taken out on my long term ELON last week. ELON exceeded all of my best estimates (I actually sold 1/2 in the 45-55 range). I played it on the dip from 74-88. My plays right now that should fair better than most in a market decline are TYC, RVST (just jumped in yesterday morning) and LU (though I sold another 15% of my holdings yesterday). I will sell MRVC, CMTO, HIFN, VRTL and VTSS this week. I am waiting for a pops on CTRA and GMST. If SONE drops back under 110, I plan to retake my position. I have missed several run-ups in companies playing this game, but like I said, I want to keep a 0-10% margin for now.

Good luck,

Brian



To: tuck who wrote (784)3/5/2000 12:19:00 AM
From: MGV  Read Replies (1) | Respond to of 1013
 
Why waste your research?

This is true.

Imagine covered calls in December on SONE, NTAP, OCLI, VERT, QCOM, and PMCS.

The table buckled weeks ago from everything left on it.