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

To: Night Writer who wrote (23861)	4/3/1998 8:48:00 PM
From: Mike Gordon	Respond to of 97611

<<Yes, you are missing April announcements. Not all cost are below 27.5. Current option positions. Long term out look. >> Night Writer. You're right. Several factors depend on when an how those calls are written. But as I mentioned in the previous post to Eddie Kim, if all things are equal or if you decide to buy the stock today, the potential is $25K now vs $40K if CPQ goes to $30 between now and May 22. In a situation like this, I depend on ROR. If I loose the CPQ at $30, I go with CPQ again, or another which demonstrates similar characteristics. CPQ is not LU. BTW I sold LU at $121 last week. Shows you what I know. Mike