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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?

To: BoNg-N-BoNg who wrote (268)	9/9/1998 12:51:00 PM
From: SpecialK	Read Replies (1) \| Respond to of 43080

I like your 3com pick. I bought yesterday at 5.25 for the September 20calls, sold today at 6.25, looking to buy back in today at 5.5 or lower, looks like I might get it. Options expire on the 18th, there is no way ? that it goes down below 25, basically you can buy in with less money and exercise or sell til the 18th. If you will be a holder past it to the 22nd before earnings come out, then this is an alternative. Either way, it looks good to me. 3Com will continue higher IMO. Ketan