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Technology Stocks : 3Com Corporation (COMS) -- Ignore unavailable to you. Want to Upgrade?


To: Deepak NAik who wrote (24280)11/9/1998 11:12:00 PM
From: joe  Read Replies (2) | Respond to of 45548
 


Deepak,

>>Right now I have sold covered calls on COMS NOv 35. Let us see what happens.<<

yes, that's seems to be a strategy that has worked well for
a lot of people. What will you do if COMS jumps in the
money for your nov 35 calls, and your shares
get called away? Will you still rebuy your shares back?

Very slow volume today. Don't like COMS going down, but I
am thinking that very slow volume will make the price
more volatile. Could also be more consolidation coming up.
Could be buyers are taking a break...even though I think
todays OEM contract was significant. I'm still thinking about
it.

good luck,
joe