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Technology Stocks : C-Cube -- Ignore unavailable to you. Want to Upgrade?

To: Patrice Gigahurtz who wrote (24811)	11/4/1997 8:46:00 PM
From: Stoctrash	Read Replies (1) \| Respond to of 50808

Sold Naked PUTS?.....don't go there Patrice!~~~!

To: Patrice Gigahurtz who wrote (24811)	11/5/1997 8:08:00 AM
From: coopie	Read Replies (2) \| Respond to of 50808

Hi Patrice, Just MHO - buy back the Nov. 25 calls or kiss your CUBE goodbye (I do like the Feb. 35 puts sale - big risk for big reward). Selling the covered calls worked great during the drop in price from 70 to <20, however some folks think that CUBE is on an upward track currently, and selling the covered calls that close to (or in) the money will sooner or later (prob. sooner) make one CUBE-less. Whatever you end up doing - Good Luck.