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Technology Stocks : Netscape -- Giant Killer or Flash in the Pan? -- Ignore unavailable to you. Want to Upgrade?

To: Merlo who wrote (3324)	5/28/1998 9:18:00 AM
From: Jxcxjx	Respond to of 4903

The only thing that I have right now are July 20 puts on NSCP. I could have sold them at or around 1 1/8 per option but I elected to hold on to them ,I purchased them at 7/16 each .Im just not sold yet that NSCP is out of the woods. If they get back on top of 28 1/2 in the next week or so then I would say they can get back into the low to mid 30's. If they can't get above the 28 1/2 mark then I think the long's are in for a long ride. Maybe not so much for the down side ,but a lot of sideways trading,or at least till they can produce some big numbers for Wall st. Good Luck Jx My opinion only