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Technology Stocks : Wolf speed -- Ignore unavailable to you. Want to Upgrade?

To: richardred who wrote (7161)	8/12/2003 11:39:01 AM
From: pompsander	Read Replies (1) \| Respond to of 10718

Agreed. The idea is to make money. And, in the catagory of even a blind squirrel finds a nut once in a while...last Friday I posted: "I just bought a few Sept/12.50 calls. Hope for a bounce in the next week or so back to 13-14." Sold half the position this morning for a very acceptable forty percent gain. Holding the rest for a possible spike on the stock to 13.50 in the next week. Won't hold too much longer due to deterioration of the time premium and Cree's famous habit of having some sort of screwy news that will kick the stock in the teeth without warning.