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


To: Oeconomicus who wrote (1873)11/12/1997 4:53:00 PM
From: ANANT  Read Replies (1) | Respond to of 11568
 
All: Collar's downward protection

In this tough downward market slide, I find it comforting to have my assets locked in WCOM in preference to having those in some other tech stocks which are falling like a rock. Probably the collar 41-29 may give us some downside protection in the next few months. May be this is my wishful thinking. Already the stock is down about 28% from the high of 39.875 after the anouncement of merger for the first time.

Kind Regards to all

Long on WCOM

ANANT