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


To: Joseph F. Hubel who wrote (475)12/23/1998 10:33:00 AM
From: StockRanger  Read Replies (1) | Respond to of 750
 
Profit taking was bound to happen after it crossed the 12-13 threshold. A lot of people bought this stock at 12 a year ago and where looking to "get their money back" as well as going up 100-200% in the last couple months.
Staying long....



To: Joseph F. Hubel who wrote (475)12/23/1998 2:03:00 PM
From: John D. White  Read Replies (1) | Respond to of 750
 
I'm sure they will resume trading options next year. I like to short puts to acquire stock.

I go long term next week. One of last year's tax sale Christmas presents. So I'm too close to play with it. Might short the box, but it's such a hassle.

Lots of room for acrobatics in blue sky. I'm in below $5 on most of it. I can hold my ground.