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To: Jill who wrote (5576)3/27/2000 9:59:00 AM
From: Jill  Read Replies (1) | Respond to of 8096
 
Well, folks, I picked up one more QCOM 02 leap, and bought some LPTHA shares. Am considering selling puts on ICGE but I'll think about it later or tomorrow.



To: Jill who wrote (5576)3/27/2000 10:22:00 AM
From: edamo  Respond to of 8096
 
jill...."perception"....ain't as it seems...

take advantage of market euphoria/paranoia as "contra indicators" (mark peterson)...

closed the csco apr 62.5 at .25 (opened 3/20, common at 67.5, premium 2.81)...40 contracts 11250 prem in, 1000 to buy back.

trying to close emc 0175 at 2.25, sold 4/16/99 at 26 with common at 55....example of leap sold with strike above common pricing....30%+ return against otherwise useless non revenue generating capacity...

cnxt looks firming, upward bias....