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Technology Stocks : INVX Innovex Comdex Winner !! -- Ignore unavailable to you. Want to Upgrade?

To: Don Salty who wrote (2425)	4/23/1998 6:13:00 AM
From: Robert T. Quasius	Read Replies (1) \| Respond to of 3029

My advice on the options would be to take your profits, and buy some longer term calls. I don't see INVX doing much in the next few months, but there is definitely a risk of dropping back below $25/share. You might want to make your sell order a limit order, though, and thereby sell when the options pop on the upside. Just as the stock is volatile, the options are even more so, especially when they are barely in the money. Just my two cents.

To: Don Salty who wrote (2425)	4/23/1998 8:58:00 AM
From: STEVE	Read Replies (3) \| Respond to of 3029

Any gems worth mentioning from the conference??

To: Don Salty who wrote (2425)	4/24/1998 12:30:00 AM
From: Douglas V. Fant	Read Replies (2) \| Respond to of 3029

Don, Spring is traditionally a sideways to down time for tech stocks- year after year. INVX ran up against the $25/share level bounced downward a couple of times, and then finally broke through to its current level. If history is any teacher then INVX will take a while to break the $30/share level- I feel that everyone on DD stocks has discounted current earnings problems. But before INVX heads sharply northward, it will need to show an uptrend in earnings. So by definition it's two months until the next earnings release... Are you short the May 25 call option? Let it keep winding down...I don't plays lots of call options long much. I usually lose money! (You could also hedge the call by buying a cheap put option...)... Also I would play the short-term price swings in INVX here. Do not touch the INVX that your club holds long-term. But I believe that $25/sahre will become the new price floor for INVX between earnings reports. If INVX sags back toward $25/share try to buy a couple of hundred shares.. As it moves back toward $27.5/share, sell it... Just try to ride the short waves with a few shares and low risk.... Last weeks in a month are often down periods- first weeks in a month are often up. So if INVX sags to $25/share before May 1st pick up a few shares and see what happens into the first week of May... Sincerely, Doug F.