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

To: put2rich who wrote (4515)	10/4/1998 1:35:00 AM
From: Linda Kaplan	Read Replies (1) \| Respond to of 6565

Thanh: The system I used on VLSI is only for long term investments, and it makes you buy as it goes down and sell as it goes up. If I hadn't done that, my average price would be much higher. I screwed it up, though, because I got cocky and sold a lot of puts. Then I couldn't continue buying as it went down because I was locked into buying at the strike point of my puts. I can't say I'd be hugely better off, but I'd have a lower average price on the stock if I hadn't violated my method. I'd still have the stock at it's lowest price and would still have a higher cost than the current price, and I'd still be well into negative on cash reserve on the stock. So AIM would not have saved me from this loss, the way selling out the stock would have. Linda