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Technology Stocks : Apple Inc. -- Ignore unavailable to you. Want to Upgrade?

To: J R KARY who wrote (7008)	12/24/1997 4:49:00 PM
From: Patrice Gigahurtz	Read Replies (1) \| Respond to of 213173

J R Kary: Many thanks again. Just wondering if you used covered calls during the slide from $20 ? When I owned CUBE I sold CCs as it fluctuated from $17ish to $30ish. Now I'm out of CUBE as the hectic ride was too much. One thing I did regret, with CUBE, is buying puts when the stock reached $30s. I learned a lession. So with my current AAPL I intend to buy puts if 'she' eases further over the next three weeks. As an example, the AAPL Jan10 '99 put at $1 7/8th today had 538 contracts. So that seems fair to me; what do you think ? With AAPL's book in mind is that Jan10 '99 at $2 worthwhile insurance ?