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


To: Eddie Kim who wrote (24693)4/21/1998 6:05:00 PM
From: Luc Glinas  Read Replies (2) | Respond to of 97611
 
Even with today's buy recommendation by Sands Brothers with a price target (12 months) of 59$ why did we just move a bit today we are due for 2-3$



To: Eddie Kim who wrote (24693)4/21/1998 9:54:00 PM
From: Night Writer  Read Replies (1) | Respond to of 97611
 
Eddie,
My position has changed to a more aggressive one on CPQ. I took a sizable loss on another stock. I can now afford to realize some capital gains. I did not sell covered calls on all my shares. If they are called, I will let them go and sell naked puts. If the puts are exercised, I will pick up shares again. Then I will sell covered calls on those shares again. Prior to the realized loss, I didn't want to realize any real gains for tax reasons. Does this make sense?
NW