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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: Dalin who wrote (9900)10/26/2000 12:11:22 PM
From: Percival 917  Read Replies (1) | Respond to of 65232
 
Hi Dalin,

If I might ask, what strike prices are you looking at for the companies that you mentioned and are you looking at 02 or 03 leaps. I was looking at a lot of 02 leaps, but now I am not so sure going out 2 years might be a wiser play.

Thanks,
Joel



To: Dalin who wrote (9900)10/26/2000 12:44:47 PM
From: jmac  Read Replies (1) | Respond to of 65232
 
don't do it because i just did which means there is inevitably more to the downside. Specifically, bought some Leaps in jdsu, amcc, glw, qcom. The news to come out of jdsu can't take the company down any more, can it? It's down 35 or so points from where it was the day sdli got the fda news and the day before the nt news came out. so, it's down 30%+. so what if they show slower sequential growth. they've been punished for it already. right?


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