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Technology Stocks : Safeguard Scientifics SFE -- Ignore unavailable to you. Want to Upgrade?


To: tuck who wrote (4059)3/17/2000 7:32:00 PM
From: Ritch  Read Replies (2) | Respond to of 4467
 
Tuck -

I intend to hedge with calls until an IPO with big mojo is a couple of months away.

I did that very thing today. I sold May 280's on just over 1/3 of my position as a hedge. The premiums are very juicy and hard to resist! I probably should have waited until Monday. They will probably issue higher strike calls then. But you never know. If the stock drops on Monday morning, I will be glad I did it today.

I hope the price stays up until you get your calls sold on Monday. Good Luck.

Ritch