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

To: hal jordan who wrote (7950)	11/22/1997 6:41:00 PM
From: Trey McAtee	Respond to of 21342

hal-- well, i wish i could be the guy who says he always makes money, but i took a BATH on the calls i didnt sell wednesday. so, take what i say with a grain of salt<G>. as for DEC, we initially picked up 22.5 and a few 25s, but now we are buyign lots of DEC 20s. i think the announcement that techweb has up for monday is the one that will help us. as for deployment, what the street does not understand is that the delays are not related to tech issues. they are regulatory issues. if they want to punish someone they should be taking down the telcos, not us. we are ready to move. of course, the fault really isnt with the telcos, its the courts and the FCC, but they all need to get their act together. i hope someonbe announces a BIG cable deal on monday, maybe that will cause the RBOCs to MOVE. your call strategy sounds good. if it drops below 14, i will sell my longs. yes, i will still make money on them, but i will unload them and go into the long options. may sounds great to me too. just buy slightly out of the money. if the stock is at 12, you should be able to pick up 15s and 17.5s. good luck to all, trey