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To: hal jordan who wrote (10206)4/14/1998 4:32:00 PM
From: Trey McAtee  Respond to of 21342
 
hal--

it would seem that everyone knew about the GTE ILEC deal WAY before we did. how far is ORCTF up off its year low?

buy on rumor, sell on news.

on the options side...i very rarely go out that far, and i dont trade them when i can get the profit. i dont get into options for a 1000% gain, i get into them for 100% gain. why? because its a lot easier.
yeah, you loose occasionally, but for the most part it has been a good strategy.

good luck to all,
trey