Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Gorilla and King Portfolio Candidates -- Ignore unavailable to you. Want to Upgrade?

To: gdichaz who wrote (26443)	6/16/2000 2:35:00 PM
From: DownSouth	Read Replies (1) \| Respond to of 54805

My most sincere, heartfelt appreciation to the great PMs and public posts regarding my cash generating conundrum. I pulled the triggers at lunchtime. Here is what I did. Premise: 1. Very bullish on QCOM through Jan 2002. 2. Very bullish on SEBL through Jan 2003. 3. Bullish on SNDK and wish to establish a long core position. 4. Bullish on CREE and wish to (re)establish a long core position. 5. Bullish on MSFT through Jan 2002. So I: 1. Sold 1/3 of my QCOM longs, 2. Replacing sold QCOM longs with equivalent position in 2002 QCOM Calls @ $100. 3. Bought chunk of SEBL 2002 Calls @ $160 4. Sold entire MSFT long position. 5. Replacing sold MSFT longs with equivalent position in 2002 MSFT Calls @ $80. 6. Bought CREE longs. 7. Bought SNDK longs. 8. Had enough cash left over for next quarter's living expenses. Now I can cut the brown grass.