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Strategies & Market Trends : Bill Wexler's Profits of DOOM -- Ignore unavailable to you. Want to Upgrade?

To: Alan Newman who wrote (885)6/5/1998 5:12:00 AM
From: Bill Wexler  Respond to of 4634
 
<<What was your reason for covering half at $21?>>

There is still plenty of internet craziness to go around, and these stocks are very, very volatile. I felt it was prudent to take 12 points off the table on half my stake. After those lame upgrades came out, I also sold some 22 1/2 puts on the rest.

I want to see the reaction to the next earnings report.


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