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Technology Stocks : Kulicke and Soffa -- Ignore unavailable to you. Want to Upgrade?

To: Donald L. Dominicci who wrote (2305)	12/11/1997 4:52:00 PM
From: HoodBuilder	Read Replies (1) \| Respond to of 5482

Sorry you have to endure this pain Don. I thought the money I spent last week on Jan 25 Puts was an insurance policy that I'd never collect on. Boy was I wrong but happy. Now my dilema, do I close my puts and hold the stock or sell both and take a 5 point loss. The real pain will come in January when my 100 Jan 30 & 35 Calls expie worthless. I'm toying with the idea of selling the Puts, and writing covered calls with a July expiration. I truly believe that 1 year from now these stocks will be flying again. BTW, I bought SFAM Jan Calls today for a "fishcake". This stock is trading at rediculous levels and with all the cash that they have there is no doubt they'll be able to weather the storm. We should be able to get a pop off recent lows next week when they announce. Hang in there Don, better days are coming!