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Technology Stocks : STAR Telecommunications (STRX) -- Ignore unavailable to you. Want to Upgrade?


To: Craig Lawler who wrote (482)12/29/1998 3:03:00 PM
From: Spaw  Read Replies (1) | Respond to of 780
 
CL:
I'd be seriously considering an entry now, before anything occurs.
Additionally, you might think about strangling the position with a half size in puts. What I mean is... if you buy the 12 1/2 calls, buy half that size in puts of the 10 dollar strike.
That way, if the SEC delays again, you're protected on a sharp down move.
I am VERY bullish on this stock, by the way.

--spaw--