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


To: Captain Jack who wrote (22491)3/18/1998 8:59:00 PM
From: Mike Gordon  Read Replies (1) | Respond to of 97611
 
John: You're smarter than I am. I was trying to trade in the 32.5 range. So I'm playing catch up now with calls and puts. I'm hoping for expiration of March 25 calls. If CPQ stabilizes in this range (22,5 to 25 for 5 weeks) then (25 to 29 thereafter), traders should do very well. Now we're hearing takeover talk (I don't think it's serious) which could solve several problems for long positions. Pfiffer will have something up his sleeve for 2nd quarter announcements and also at shareholder meeting. Watch for spikes, Safe trading,

Mike