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Technology Stocks : Newbridge Networks -- Ignore unavailable to you. Want to Upgrade?


To: Dan Courtemanche who wrote (2436)11/8/1997 9:43:00 PM
From: randy kay  Read Replies (1) | Respond to of 18016
 
Dan/All - I would say the best strategy (if you MUST buy NN now) would be to buy shares along with some PUTS, out a few months. If the market tanks you are covered, if it rebounds you lose your PUT money (big deal). It's cheap insurance and in this market cheap insurance just might not be a bad idea. I'm only in options, looking for more downside or a decisive move up, until then I wait.

Randy