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To: Poet who wrote (7076)4/30/2000 5:47:00 PM
From: Jill  Respond to of 8096
 
Like mtn lady, I liked the Sept 100s (was it only last week? I can't remember) They went down as low as 2, and I see they closed around 9 1/2. I picked them up at 3 and 3 1/2 and sold around 7 or 8. I know you love short-term plays but NTAP has run up quite a bit, there may be some profit taking near term, and also we've got Fed Fud looming--sort of priced in, but still... I still have my Sept 55s old and new. I'd play the 100s again on any significant drop, they're cheap but relatively "safe". In this recent NAZ crash one thing I was grateful for was having bought calls far out as I could, and leaps. It allows recovery time--I have various Septs and Octs and then leaps on various stocks.



To: Poet who wrote (7076)4/30/2000 5:48:00 PM
From: Jill  Read Replies (1) | Respond to of 8096
 
And a thot about GMST: I believe Franq answered us recently that there was no set date to the deal, that it was probably going to be beyond June for certain and maybe even delayed past the summer, in which case, as I recall, he said our Aug calls would be "toast." (Mine already are toast, LOL)

But in any case, again, there's a point to be made for either buying the common at these dirt cheap prices, or farther out calls.


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