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Technology Stocks : SSA (SSAX) BPCS/Client Server -- Ignore unavailable to you. Want to Upgrade?


To: James B. Barnes who wrote (311)12/8/1997 5:28:00 PM
From: Rich Young  Read Replies (1) | Respond to of 915
 
Concensus was for .23. Got out of my Dec. 15 calls this afternoon & I bought 20 December 17.5 puts and am now kicking myself for not buying as many as I had intended to. Those should do nicely tomorrow. Might even get something out of my Dec 10's by expiry. I don't mean to gloat & I feel sorry for the longs tomorrow, but I got burned just as bad last quarter. That's just the way it goes sometimes.

I can't point to any one thing specifically, but everything I was seeing was reinforcing my opinion that these guys can't be trusted and can't deliver a Q4 if their lives depended on it. I think it was the statement from the Q2(?) release about investing heavily in Southeast Asia that swung me.

Haven't seen anything about after-market activity but probably will soon. I'll be out of touch tomorrow, so good luck longs.

RCY