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Technology Stocks : Computer Network Technology (CMNT) -- Ignore unavailable to you. Want to Upgrade?


To: John D. White who wrote (474)12/23/1998 8:51:00 AM
From: Joseph F. Hubel  Read Replies (2) | Respond to of 750
 
I sold all my CMNT @ 13 3/8 when I saw the sell off start. I tried to re enter in the 11s, but the bounce back came fast and hard and I missed it. Decided to wait & see where it settled for the day. If it opens and stays where it is or starts to move upward I will re enter.

CMNT used to have options and instead of selling I would have sold some covered calls with the idea of buying them back on any pullback. Not having options limits ones strategy.

JFH