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To: Chris who wrote (6942)3/17/1998 5:50:00 PM
From: jmac  Respond to of 42787
 
I am playing everything now with in the money Jan 2000 Leaps. The upside is about 80% and the downside about the same but the amount of capital required is substantially less.

Bought some PFE, CCI, FDX and OEX (April) today. I didn't get most of the FDX or CCI move today but anticipate some more to come.

I still own too much INTC and CPQ but I am going to wait for earnings and see if the companies turned the corner. CPQ at 23 looks too cheap. The verdict is still out on INTC.



To: Chris who wrote (6942)3/18/1998 8:06:00 PM
From: jmac  Read Replies (3) | Respond to of 42787
 
I hope you followed your own advise on MER. I picked some up this am--not knowing that the CMB rumor was coming.