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


To: hcirteg who wrote (6421)12/13/1998 3:56:00 PM
From: TEMFASSBAL  Respond to of 7841
 
<< BTW, any input on that company? Seems real cheap at $7.50.>>

All I'll say about APM is that one thing I've learned in this market is inexpensive IS NOT the same as cheap.....

And I agree completely with your options strategy....I use options as leverage as opposed to margin....its much cheaper for long term plays, limits risk, and leaves the return side (either short or long) open (not to mention it leaves me more capitol to trade with)....
FWIW and as a matter of disclosure I have the other side of your options play as I'm holding the SEG Jan 32.5's at 1.5..it'll be interesting to see how this works out...also I invest mostly in HTCH in this sector but I've been follwing it (the sector) for over 5 years and I play SEG as the "big dog" when the cycle turns as I think it has recently...pardon me if I don't wish you luck as it seems counter productive to my position....
Tim