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


To: Jerry Olson who wrote (41564)4/27/1998 3:38:00 PM
From: Tom Trader  Read Replies (1) | Respond to of 58727
 
>>Whatda think about a CPQ Leap???

I like CPQ -- took an initial position at 25 not so long ago. But it is protected with puts. Will add to my position if it gets to the 21-22 level.

Now this is an investment--not a trade. So the time frame is in years --not months. If you go with LEAPS you may want to wait until 2001s come out given that the market may be vulnerable -- but then you think that the market has "legs" so may be you can go with the 2000s

BTW, given my track record with DELL, I don't know that you should listen to me when it comes to the box-makers!!