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

To: Dulane U. Ponder who wrote (23179)	3/23/1998 11:11:00 PM
From: James F. Hopkins	Read Replies (1) \| Respond to of 97611

Dulane; Well I'm hoping she will tick up a little more by the 26th, so I can sell some covered yr2000 leaps on what I got for just a tad more..then I can forget her for a while..got my eye on 40s , almost sold them today..for me right now that would equate to a 67% profit by Jan2000 "if they get called"..and limit my down side to about were I would feel no real pain if she droped to 22-1/2..actually as it would give me cash now..the profit is more than 67%..so that's good enough for me, she may do better than that..but reducing my risk side is worth something, and nothing is to stop me from buying more later if I see her plans work out and she starts really kicking butt. So if your long my writing calls helps you to..as it means I won't be selling the stock before then. I'll sell the calls as long as she don't tick down, 26th is my trigger day, but I will wait if she does tick down. I would like to put her to bed for a while and dig around for some other stuff. Jim