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Strategies & Market Trends : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?


To: Kevin who wrote (28114)11/10/1997 2:08:00 PM
From: Electric  Read Replies (1) | Respond to of 58727
 
Kevin,

I would wager with you (my favorite thing to do) that IBM would not join a move up. Looking at its chart, I bet it takes well into Q2 of 98 for it to move over 110, if ewven then. Call it MVBO but anyone that goes long high on IBM willk live to regret it. IBM has had alot of exhuberance and even them making a trillion gig HD wont save them from their huge weighted stone feet... When you (I think it was you) said their beta was 1.2 I was shocked...

How are you doing? Adding to your CPQ'ies at these low levels?? it is amazing how it keeps slipping and slipping... Damn Apple moves up after I sell my calls... lol and CPQ dives after I get in.. go figure... someone needs to teach me how to be psychic!!!

Electric