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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: IQBAL LATIF who wrote (21831)	12/8/1998 8:27:00 AM
From: gerard mangiardi	Respond to of 50167

I agree whenever things get too easy danger is lurking just around the corner. That said I think the techs have a lot of legs left.

To: IQBAL LATIF who wrote (21831)	12/8/1998 8:29:00 AM
From: J. P.	Read Replies (1) \| Respond to of 50167

Ike, Thank you for your response. I have to say, it's refreshing to read something actually useful and insightful. I 100% agree with you that option holdings deep in the money from this runup should be rolled up to one strike out of the money. This is exactly what I've done with Microsoft, Lucent, and Nokia, all of which I've held. My Dell options have done nothing, so I've left them alone for now. The excess cash is in a money market waiting for a pullback to re-deploy as long term stock holdings. I'll be interested in your thoughts when the time comes to go net short, as I've never never successfully capitalized on a market retreat (I've always lost money on retreats). Thank you again for your answers. Obviously spoken by a person who has had much experience in properly taking profits, and recreating portfolio as the conditions dictate.

To: IQBAL LATIF who wrote (21831)	12/8/1998 11:42:00 AM
From: wmwmw	Read Replies (1) \| Respond to of 50167

I was surprised at the market strength. Seems will go higher if no further bad news from both domestic and oversea. Computer and internet stocks will lead the market. ONSL good buy.