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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?


To: Ploni who wrote (4552)3/9/1998 4:56:00 PM
From: Ploni  Respond to of 18691
 
Subject: SEBL

I actually had one short move in the right direction today: Siebel.

In fact, if this continues, my March 50 puts might actually be worth something, as SEBL fell as low as 52, and closed at 52 5/8.

If the stock falls to 47 before next Friday, I'll be at break even on SEBL, between my short and puts.

(Of course, I'd rather have it fall to around 30.)