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To: Jacob Snyder who wrote (10281)9/19/2002 11:04:22 PM
From: Trio  Respond to of 10934
 
Oh man, I do feel sorry for you. I too purchased, but not options, and didn't get out at the early 2002 highs(or near highs). I bought NTAP about 6.5 and SEBL near 13 and sold none. I have bought more of both, respectively, in the last month and will continue to add to my positions. Even now I feel the pull to buy LEAPS but the very likely prospect of hostilities with Iraq, and my wife's displeasure, prevent me.

TRIO



To: Jacob Snyder who wrote (10281)9/20/2002 1:59:11 AM
From: Uncle Frank  Respond to of 10934
 
Sorry to hear it, Jacob. I was rooting for you, and it looked like you were going to kick Mr. Market's butt. The problem for all of us has been the end game. It's proven to be incredibly tough for big winners to leave the table.

uf



To: Jacob Snyder who wrote (10281)9/20/2002 7:08:42 AM
From: alanrs  Respond to of 10934
 
Boy, have I done that more than once. And then, having learned my lesson, I have sold some or all on the next move up, only to watch it keep going-not with NTAP, but with a variety of other stocks. That's one of the reasons I like SELLING options. It gives me another choice to at least soften the blow. Just so you don't think I'm some sort of smart guy, I'm still holding some 03 LEAPS on LSI which will expire worth less than that roll of toilet paper in my bathroom, barring divine intervention.

ARS



To: Jacob Snyder who wrote (10281)9/20/2002 9:14:27 AM
From: im a survivor  Read Replies (2) | Respond to of 10934
 
<<IMO, buying the stock in increments at prices from 10 on down, and holding LT, will prove to be a rewarding investment decision. >>

Agreed, and that could be said about alot of quality companies, such as extr, fdry, jnpr...big boys in the beaten down networking sector, but could be good buys at $5 or $6 a share, for those that are patient.....I am looking for $5 on NTAP before adding....maybe it wont get there...maybe it will......