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Technology Stocks : Jimbo's Playhouse/CPQ -- Ignore unavailable to you. Want to Upgrade?

To: Mao II who wrote (7553)	9/5/2000 5:40:57 PM
From: Jimbo Cobb	Read Replies (2) \| Respond to of 12662

M2...I've made more money trading RFMD options than the stock itself, although I've done well on both....I was fortunate enough to sell the stock and close my naked puts last week on the run to 45-47 range. My next target for some action is to sell some October 45 puts at 7 1/2 (equivalent of buying the stock at 37 1/2, or 75 pre-split if the puts are exercised)...that target should be reached when the stock goes to approx $40, so I guess you could interpret that as saying I would consider $40 to be the next buy-point....I don't use all my powder at one time, though....I like to buy/sell in stages..... Jimbo.