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Technology Stocks : Oracle Corporation (ORCL) -- Ignore unavailable to you. Want to Upgrade?


To: SouthFloridaGuy who wrote (16106)8/30/2001 5:36:15 PM
From: robert b furman  Read Replies (2) | Respond to of 19079
 
Hi New York City Boy,

That sounds like your pretty sure of yourself,I guess you are short at this point.

I'm pretty happy with the accumulation I was able to get today:
2000 @ 12.76
1000 @ 12.51
1000 @ 12.01

An average of 4000 at 12.5075

Plus I sold 10 put contracts @ 2.00
So if its below 12.50 on Dec 21 I buy another 1000 at an adjusted cost of 10.50. If it's above 12.50 I keep the 2000.00 bucks and have an adjusted cost at 12.075 - after hours show that to be just about break even.

I think this is a great discount sale.
I'm sure not professing to say I'm a guru picking a bottom.

I'm just a positional trader - and I can be patient.

I think it was a good buy - at least up until now - gulp!

Bob