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Technology Stocks : BORL: Time to BUY! -- Ignore unavailable to you. Want to Upgrade?

To: Ghassan I. Ghandour who wrote (7048)	10/31/1997 8:34:00 PM
From: Jack Gibson	Read Replies (4) \| Respond to of 10836

Ghasson and Thread: I would appreciate your thoughts on what you would do if you were in my position. I sold 10,000 shares Tuesday for a profit of some $15,000. I then bought back 2000 shares between $8. 25 and 8.50. I kept my 100 contracts--Nov. 10 calls, 50 contracts---Jan. 10 calls, and200 contracts Jan. 10's---1999. My average cost in the Nov calls is $1,01, the Jan call---$1.35 , and the Jan 99 calls---$1.56. My concern is the Nov. calls, but also the Jan calls. How would you guys play it? Hold on regardless??? Or, sell the Novembers, and play Jan's as an earnings play?? Or sell Nov and Jan for on the next bounce, and use that money for more 99 or 00 calls? What do ya'll think? Appreciate your comments. Cheers, Jack Gibson