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Technology Stocks : Zapata (ZAP) -- Ignore unavailable to you. Want to Upgrade?

To: Ken M who wrote (488)7/24/1998 1:55:00 PM
From: RJC2006  Respond to of 1206
 
<<<I suspect many who say they are long are actually in out of the money calls and stand to lose all their investment if the stock does not run that is Louis Riley's game most of the time IMO .>>>

Well, you can count me out of that. I have a day job that I enjoy immensely and don't have time for BS like that.



To: Ken M who wrote (488)7/24/1998 3:44:00 PM
From: Invest2Ride  Read Replies (1) | Respond to of 1206
 
For the record then. I am long as of 4/20/98. Yup! I can stand a whole bucketload of volatility. AND my shares are in a cash account, not margined, so they're not available for borrowing. Sorry, Ken and others who are desperately seeking shorts on ZAP (pun intended).

I did divest HALF of my shares at ZAP's 52-week high. Covered my initial investment and the cap gains tax. So, everything that's riding now is essentially risk-free to me.


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