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Technology Stocks : Kulicke and Soffa -- Ignore unavailable to you. Want to Upgrade?

To: jtechkid who wrote (2665)	2/23/1998 12:24:00 AM
From: Gil Gilbertson	Read Replies (1) \| Respond to of 5482

I bought it on the sell off at 18 and when it hit 28 I sold the Mar30 calls for 2 bucks apiece. I now hope your right, but I doubt it, if the stock goes back in the 22 range I will buy more. The way I look at it, there is very little risk in here. Since I bot in at 18 and sold calls for 2 bucks, I have already made 10 per cent on my money for a year, so why sell? If it gets bought out Im sure it would be at 30 or better, if it runs above 32 I simply buy back the calls. This is about as risk free as it gets....Gil