Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Xylan -- Ignore unavailable to you. Want to Upgrade?

To: drdan who wrote (2524)	10/12/1998 12:54:00 PM
From: E_K_S	Read Replies (1) \| Respond to of 4135

I do not know...but I am looking to sell them naked (to acquire more stock) but I do not want to sell into more bad news (especially with the market strong today). I can always sell tomorrow, next week etc.. I do plan to pick up more stock on any significant sell off. I expect a good January rally. One way for the shorts to cover is to sell naked PUTs but you usually see higher premiums only when somebody is willing to pay extra for the PUT position. This is the same case for an option rollover too. I am lucky that I caught my last purchase at $9 7/8. I just do not trust management (in general) but Xylan's executive group has done a better than average job. It certainly would be nice to see a joint venture or marketing agreement with LU. This would bode well for the future. EKS