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Technology Stocks : Cabletron Systems (CS: NYSE) -- Ignore unavailable to you. Want to Upgrade?


To: Harold S. who wrote (2520)12/4/1997 11:24:00 AM
From: Zardoz  Respond to of 8358
 
I'm not recommending anything... {I've been in trouble with the security commision before}, but in my opinion. YES. Or consider selling and buying call options. {and if it falls you can limit your loss}

BUT, it could move in both directions. You may get the higher move first. {like all the tech's are sucking, look at the P/E's} and than when earnings come out, it moves the other way. Either way it moves first, you can short, or go long against the straddle.

PS: If you are unsure as to how to balance this, seek another option player. {or email me} If I owned shares, and I don't now {but may soon} I would hedge my portfollio between the months Feb-May.