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Technology Stocks : VLSI Technology - Waiting for good news from NASDAQ !!! -- Ignore unavailable to you. Want to Upgrade?

To: OldAIMGuy who wrote (3722)6/26/1998 1:11:00 PM
From: Linda Kaplan  Read Replies (1) | Respond to of 6565
 
I am in negative cash reserve, so what I decided to do was cancel my buy order and instead try to sell some puts. This will let me postpone a buy, or even avoid one altogether. May not be able to sell them. Have to go out to October to get any sort of price on the 15s right now.

I've changed my sell to be 5% of my position. That would make the sell price 22-7/8. I'm using a straight 10% on the buy and the sell resistance.

Linda


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