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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: William H Huebl who wrote (10736)12/2/1997 8:33:00 AM
From: kas1  Read Replies (1) | Respond to of 94695
 
Bill, any thoughts on TLAB (Tellabs)? There seems to be strong resistance at 55 ever since they "warned" a long time ago. I bought a solitary December call after the last earnings announcement (which they handily beat), but it hasn't performed the way I wanted. It's only $600, but those $600's add up after a while... trying to figure out whether to get out soon while there's some time premium, or wait for the xmas rally... NT and LU have been looking good, so I might as well do the waiting thing. BWDIK?

Good trading to all.