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


To: ScottT who wrote (6545)11/28/1997 9:37:00 AM
From: soup  Read Replies (2) | Respond to of 213173
 
>Can you at least give us a hint to what? Im sticking with you or with out you.
I'm long plus some DEC 20 calls. TIA<

ScottT:

1) Why are you holding short-term options without some degree of confidence of a short-term catalyst to move the stock price?

On the November play, there clearly was *broad* indication of a major event. When that event did not transpire, there was no further reason to hold a (rapidly) deteriorating asset.

2) General question. With the IMF bailout looming, small to mid-size Korean companies with large debts are going to have a hard time surviving. This means some electronic manufacturing capacity can be had pretty cheaply.

Any broad or specific comments about how this could affect AAPL?

soup