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

To: Dakota Sullivan who wrote (12710)	1/4/1998 11:10:00 PM
From: Rick Slemmer	Respond to of 97611

Thread: Asia still has a case of the sniffles. Hang Seng down more than 2% and Nikkei down almost as much in early trading. quote.yahoo.com RS

To: Dakota Sullivan who wrote (12710)	1/10/1998 1:38:00 PM
From: Mike Gordon	Respond to of 97611

Dakota, sorry for the late response, I've been out of town. It's difficult to comment on your post because I don't have a clear understanding of your position. In anycase, a week has gone by and CPQ was hanging in the 58 to 61 area. A nice move as suggested by many on this thread. However, the move back to 56 makes the sale of Feb 55 puts (3.125)look good, IMHO, and only if your anxious or willing to take position of the equity. Be careful in this market and understand the consequences of your actions. Let me know how you do, Mike Gordon