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

To: hpeace who wrote (13854)	1/17/1998 8:33:00 PM
From: Mike Gordon	Read Replies (1) \| Respond to of 97611

Steve, well said. I've read your post throughout the last year and I've seen some of your strategies. Your conservative approach makes sense however it negates some overall premium and subsequent profit. As I recall, you tend to go out several months. I stay within the following option month. Granted, my risk is somewhat higher. However, my goal is focused on the next months premium. In any case, it's better than buying calls or puts with deteriorating premiums. Mike Gordon