Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Digital Equipment Corp. (DEC) -- Ignore unavailable to you. Want to Upgrade?

To: George Dvorsky who wrote (2841)	2/1/1998 4:20:00 PM
From: George Dvorsky	Read Replies (1) \| Respond to of 3276

All, I suspect that the reason it is quiet over here is the wealth of information on the CPQ board. Friday, it was mostly about DEC. gd

To: George Dvorsky who wrote (2841)	2/10/1998 1:46:00 PM
From: hpeace	Read Replies (2) \| Respond to of 3276

buy options not stk

To: George Dvorsky who wrote (2841)	2/26/1998 6:02:00 PM
From: Allen Furlan	Respond to of 3276

Yes but what I did was sell DEC Feb 60 puts for 4 1/4 on announcement day and DEC Jan/99 80 strike leaps at 3 to 1 ratio for 1 7/8 each for total of 9.875. I bought back Feb 60 puts at 3/16 and sold equal number of March 60 puts with intent to go to 65 puts if stock climbs. I will continue to roll 60 puts if stock stays below 62. Cash is a blessing with this kind of strategy. In the mean while it takes cpq at 52 by next Jan for the naked calls to be a loser. Also margin is 20% for the puts and only 10% for the calls.