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Strategies & Market Trends : Action & Options- Taxikid plays -- Ignore unavailable to you. Want to Upgrade?

To: taxikid who wrote (3074)	12/19/1997 8:12:00 AM
From: Caroline	Respond to of 4339

First glance: they have too many press releases. Only tech companies and startups with more words than money do that. Not necessarily an endorsement of a short, just an observation that corroborates your point of view.

To: taxikid who wrote (3074)	12/19/1997 8:33:00 AM
From: Caroline	Read Replies (2) \| Respond to of 4339

With the very little I have left, I'd like to protect the downside on KLIC. GDC was a day trading stock that I should have chucked the next day. I'm trying not to be a day trader, but holding losers hurts. Thinking of buying puts (http://cboe.pcquote.com/cgi-bin/cboeopt.exe?TICKER=klic&ALL=1 or use your own). Own at 33.5, conference call today that could easily drive the stock down farther. Never purchased puts for insurance before, and certainly not after the big drop. Any help on strategies, which strike? (to all) Thanks.