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Technology Stocks : Silicon Graphics, Inc. (SGI) -- Ignore unavailable to you. Want to Upgrade?


To: Mathon Dabasir who wrote (3724)12/7/1997 11:11:00 AM
From: Bill Holtzman  Read Replies (2) | Respond to of 14451
 
Mathon, I wouldn't look too closely at PE ratios on SGI. They don't mean much.

What you might want to try is a "bear spread." When the stock gets to say 17, you sell, say Jan 17.5's for $1.50. Simultaneously buy the Jan 20's for 5/8 or so and limit your loss. See how easy it is!
Bill