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


To: David R who wrote (7252)11/10/1997 7:39:00 PM
From: Jack Gibson  Read Replies (1) | Respond to of 10836
 
David: The Nov 10's and 12 1/2's ......calls.....are looking a whole
lot better. Is there not some conference or something tmorrow that
could bring another announcement from Yocam? Seems that I
remember somebody saying last week that this Tues could bring
a nice surprise. Possibly today's announcement is what I was
thinking about. Anyway, I hope we see 12 or 13 by Friday.
Cheers
Jack Gibson



To: David R who wrote (7252)11/10/1997 9:27:00 PM
From: i-node  Read Replies (1) | Respond to of 10836
 
David

I'm real close to bailing on the Jan 98 10's. I just don't see the future in them. What premium there is is going to evaporate quickly from now. And if the stock happens to sink for a month or so, it could really make it tough to come out on them. On the other side of the coin, you can get about 1 1/2 for them now; if the stock stays below 12 between now and Jan, it is going to be tough to do any better. Bottom line: I'm chicken. Besides, I've got enough Jan '99s to be okay if there is a good rise. And then there is the possibility that the stock will dip back to 9 or less giving me a shot at picking up some Jan 00 10s cheap.

Anyway, I'm going to give it a little more time -- a few days I'd guess. I'm no less up on the stock, it's just hard on my nerves when time grows short on an option.....

David