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Technology Stocks : Creative Labs (CREAF) -- Ignore unavailable to you. Want to Upgrade?

To: Douglas V. Fant who wrote (7191)	12/14/1997 8:17:00 AM
From: Doug Fowler	Read Replies (2) \| Respond to of 13925

Doug: I am holding steadfast with my Creative and am thinking of loading up on some more in the next few days or week. At this point, a few more points drop is not going to kill me! But calls seems like they might be the way to go, to get really good leverage. I don't know much about them though, and was wondering if you or someone else could fill me in. For example, aren't they sold in 100 size lots? For example, if I bought 100 calls in Creative, would that give me the right to purchase 10,000 shares? Where can I go to get pricing on calls and puts? If I had been smart, I would have purchased some puts on Creative to protect my gains when this Asia thing started. Instead, I didn't think in those terms and was considering only the tax consequences of selling the shares I own. Any education here would be GREATLY appreciated. Doug