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To: edamo who wrote (5847)4/1/2000 3:40:00 PM
From: Seldom_Blue  Respond to of 8096
 
EMC is one of my holdings. I was too slow to pull trigger on writing CCs (May 155 for $11) when it was at 140. At this price I do not feel the premium is worth the risk of it being called.

I may sell some puts if it goes down another 5-10 points.

You are more optimistic than I am. I am still waiting for the bottom. May have already missed it, but at this point I would rather be late than too early.

Seldom Blue


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