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Technology Stocks : IDT *(idtc) following this new issue?* -- Ignore unavailable to you. Want to Upgrade?

To: Sam who wrote (19666)	3/27/2000 3:09:00 PM
From: Steve Fancy	Respond to of 30916

Yup, you have to very careful with options. I don't generally trade them, I buy them after making my decisions and generally buy at least 3x the amount of time I feel it will take to reach my targets. I will double or triple position at 50%, same again at 25%. I stick to my convictions and only bail on news I perceive as disastrous. On rare occassions I short puts, and will buy puts to hedge various things peridically. This strategy has panned out well for me. I only buy stock for my core position on companies I am extrememly confident in, that way I don't suffer much lost opportunity. Don't get me wrong though, I lost plenty on options learning the game. Again, good luck. I suppose I could muster up the statement that downside seems relatively limited from here. In terms of upside tough to say as 10 points of the AOL deal is already priced in. regards, sf