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Technology Stocks : WDC/Sandisk Corporation -- Ignore unavailable to you. Want to Upgrade?

To: 5dave22 who wrote (18436)	1/24/2001 2:50:21 PM
From: Road Walker	Respond to of 60323

Dave, I bought some more shares over the last several days, then sold calls against them today, so my average cost is $39 on the new shares. My upside is limited, though. John

To: 5dave22 who wrote (18436)	1/24/2001 2:51:51 PM
From: Jason W	Read Replies (1) \| Respond to of 60323

Dave, You're confusing me a bit...By scanning your recent posts, this is what I understand: YOUR TRADES: IN at 28 OUT at 37 IN at 40, (you lost 3 pts) out at 44 IN at 45 7/8 (lost another 1 7/8) Now, this ASSUMES you bought equal quantities each time, which you may or may NOT have done. So, besides paying taxes and commisions a few extra times, you lost out on 4 7/8 points, which is greater than 10% of the current stock price. Doesn't make too much sense to me. If you had just held your $28 shares until now, you'd have been better off, and had more money to put toward your new house! Lastly, you seem like a nice guy, based on your posts,(maybe you're not<g>), but be careful with the use of margin. I don't use it at all, and have seen friends lose ALL their money fooling with it. Jason