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Technology Stocks : JDS Uniphase (JDSU) -- Ignore unavailable to you. Want to Upgrade?


To: Mac S. Giballa who wrote (11778)7/24/2000 3:12:38 PM
From: k_maxwell  Read Replies (1) | Respond to of 24042
 
<<<<I wrote a bunch of August $170s today for $600 a pop. Free money.>>>>

I respectfully submit that there ain't no such thing.

While you may very well earn your money on August 18 if those calls you wrote expire worthless, I'll bet ya there will be at least one moment between now and then that you'll have that, shall we say, "sinking" feeling....

I've seen a lot of people eat their words on message boards, with loose talk of "free money" and "sure things". Guess what, there ain't no sure thing and there ain't no free money.

I'd wish you good luck, but, as a JDSU long that would be bad karma, so I'll wish you good health instead. k



To: Mac S. Giballa who wrote (11778)7/24/2000 3:21:13 PM
From: k_maxwell  Respond to of 24042
 
Hey MacSGiballa, I just noticed that you thought back in late April that JDSU was going to run to $150:

Message 13497395

Are you still bullish on JDSU (I mean longer term than the August calls you wrote), or is it allabiGScaM to you? Just curious.