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Technology Stocks : Broadcom (BRCM) -- Ignore unavailable to you. Want to Upgrade?


To: finfan who wrote (4049)7/16/2000 12:35:41 AM
From: Michael  Respond to of 6531
 
My Friend finfan,

I don't trade options, and would recommend not to trade options.
But then I am prejudice cause, my father traded options.
He died with a $450,000 Capital Loss Carry forward on his
final IRS tax return.

all the best
Michael



To: finfan who wrote (4049)7/16/2000 8:11:53 AM
From: HudsonDog  Respond to of 6531
 
Finfan, why not simply get your calls back and then protect your gains with a Stop-loss at, say, about 10% below current price? This way you benefit if BRCM continues to rocket, and you get out with a sweet profit if it pulls back a little. Jim



To: finfan who wrote (4049)7/16/2000 7:48:30 PM
From: md1derful  Read Replies (1) | Respond to of 6531
 
I think we will run up tomorrow and sell off after earnings announcement...the stock is now priced to perfection and after this next runup..she should go lower...I may write some calls on my position depending on the run up tomorrow and/or Tues
doc