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To: Big Dog who wrote (2754)11/6/1997 10:33:00 AM
From: SJS  Respond to of 95453
 
Mike,

Right now it appears that you are just "not participating" in any more upside. Depending on where you think it's going, and by when, you might employ a couple of strategies.

I know you love this stock, but by Feb, with another quarters earnings being released (and the next quarter 2/3 completed but not announced), this stock could be much higher.

But then too, the momentum players could leave the stock anytime, and you might be happy you sold those calls for downside protection.

You know the business, and you've got someone else call premium. Let's see what happens. This stock can't keep going on like this forever.