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Technology Stocks : George Gilder - Forbes ASAP -- Ignore unavailable to you. Want to Upgrade?

To: Manx who wrote (3217)3/26/2000 4:53:00 PM
From: Lou D  Respond to of 5853
 
I bought some leap contracts on GSTRF on friday. I had the common and sold it when an analyst on CNBC's morning show trashed the stock and was shorting it. I got out with a small profit; however the stock is over 50% lower than when I sold it.

I felt that the leaps were a good play at this time. If the stock recovers by the end of the year, I will do good, if not, I can always sell them before they expire. The downside is limited. We'll see how the phones are selling soon.

.....LD


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