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To: broken_cookie who wrote (145)11/21/1997 7:10:00 PM
From: TideGlider  Respond to of 656
 
Why hedge? Just buy the puts. The stock will always be there to come
back. Why not get it at a bargain. They obviously have plans to stuff
this one. Had it not been for the OI in puts it would have fell
below 60 the last two days. It wasn't support that held it their. It
was the people that wrote the puts.

Bruce

I am sorry. I don't mean to be insensitive. I have just been kicked
like this several times recently. I hope to be wrong. Sold have at
62 1/2 today. Got stopped out. Try again but I think I will not get
such a price again.



To: broken_cookie who wrote (145)11/23/1997 1:13:00 AM
From: Bob Swift  Read Replies (1) | Respond to of 656
 
I got out totally already but am waiting to get back in since I had invested so much time to learn the temper of this stock. Hedging sounds like a good idea. I ought to think about it more instead of keep telling myself that I will do it someday.
Analysts may not be right all the time but you have no choice but to run with the herd when they say the sky is falling. Having held stocks that fell 12 days in a row I am not too bold to try to get in so early after the sell recommendation regardless how I feel about this analyst's opinion.