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Technology Stocks : Excite [XCIT], an exciting stock to own in 1999! -- Ignore unavailable to you. Want to Upgrade?

To: JT Naso who wrote (2024)	7/15/1998 4:47:00 PM
From: Hugh W.	Respond to of 3183

I sold naked puts on July 85 and July 95. I will close my position before close of tomorrow. I will be more than happy if XCIT could go above 90 tomorrow. 5 pts up will be great!

To: JT Naso who wrote (2024)	7/16/1998 12:14:00 AM
From: oexplayer	Read Replies (1) \| Respond to of 3183

JT: I'm right there with you on those July 90's! My strategy is to sell within the first 15 minutes on Friday with the assumption of upside earnings. However, your correct about a pre-earnings runup tomorrow so it may be best to close early just in case. I just bought on Tuesday as a speculative play so I'm not real concerned about being out of the money! Hopefully though we will both make profits! P.S. I think there is also a split on Monday so this could be one more reason to hold out till Friday! Regards, Kevin