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Strategies & Market Trends : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?


To: drsvelte who wrote (39190)4/12/1998 7:36:00 PM
From: prgraphics  Respond to of 58727
 
Hi,
New to this board (but not options). One play I have been making steady gains on is PCDOCS. Right now August $5 Calls are selling for about 1/2 $ over the current price of the issue. The recent aquisition of Fulcrum, a solid customer base and substantial cash make this a very attractive play from both the "hard" side and leveraged. A month or so ago I picked up some contracts at 1 and a tennie and dropped them at 2 and 3 teens three weeks ago. Now I'm back in. This is my fourth iteration in about 6 months. This stock has every one confused and has for a while. This leads to great opportunity for fairly quick trades with about %30 to %80 profit( I'm in calls ). I'm interested om anyone elses take on this if they are familiar with this stock.

Gary R.