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To: Alski who wrote (5350)	11/12/1998 8:23:00 PM
From: Thean	Respond to of 14427

Alski, I mentioned a few days ago the near term support of PRMS was $12, with resistence at $14 1/4. I have been watching it ever since it couldn't penetrate $14 1/4 and went down on modest volume. It hit $12 early today and bounced back despite the overall negative Nasdaq market. I decided to buy in and got 12 9/16. I also sold calls to lock in the premium I could get at that time, figuring a 5/8 pt would drive my basis to $12 - the support point. If I get called in a week, that would be 1/2 in the pocket, very safe. Well, as my luck has it, I could have gotten at least 1 pt just as easily if I waited an hour more. That is my style though, play safe and pocket smaller change when one can. They all add up in the end. I cannot predict the future, unlike the roman god and his triple-one ying counterpart. <GG> LT - I hope your ho ho ho can keep working on DELL so they will go to $55 - $60. Your breakeven point there, eh?