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Technology Stocks : RF Micro Devices (RFMD) -- Ignore unavailable to you. Want to Upgrade?

To: Nevin S. who wrote (4139)8/28/2002 11:59:01 AM
From: tuck  Respond to of 4849
 
Nevin,

That is my take, as well. Looking for a small bounce, as I just bought back half of my sold calls. I'll buy the rest in the low $6s if RFMD gets there. I am worried about the consumer wrt to handset sales, but perhaps that is largely priced in. Since the acceptance of the latest handset offerings will play out over time, I intend to keep up with my covered calls on RFMD for a while. I don't think it will run away, yet it will be volatile enough for the premiums to stay high, making that CC strategy the one of choice for me.

Cheers, Tuck



To: Nevin S. who wrote (4139)8/29/2002 12:16:22 AM
From: ehasfjord  Read Replies (1) | Respond to of 4849
 
Only problem is that the large institutions
are sitting on their thumbs - at least until
after 9/11/03. I shall also wait (Chicken S.)
that I am. There are some very large cash
positions with the "big boys". This sell off
won't go on forever - but I got out of RFMD
around 8.25. Looking to get back in when it
shows a confirmed drop and then a confirmed
rise. Re: overall market sentiment, IT'S
LOUSY!
Take Care!


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