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


To: Bald Man from Mars who wrote (3453)3/2/1998 10:43:00 AM
From: Bald Eagle  Read Replies (1) | Respond to of 18016
 
All I'm saying is that if it goes to, let's say 30 before options expire. All I get is 25 per share and I may not want to buy back in at that level. There might be better pickings elsewhere. I bought recently ( a few weeks ago ) for about 21. Through selling calls I have brought my cost down to about 19 per share, so at 25 I still get a healthy profit.
Basically, I have no idea how high NN can go, but if I can make 20 to 30% in a couple of months, I'm very happy with my return.