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

To: William Epstein who wrote (6552)	1/3/1999 10:05:00 PM
From: manohar kanuri	Read Replies (2) \| Respond to of 7841

Thanks for the alert William. I'm doing some back-logged paperwork till Trent Lott & Co speak their minds. I'm still blah about things - no rush, market will still be around in a couple of weeks and so will SEG. But good to see you're playing on conviction. I've always made options-money on conviction than on enthusiasm. I trust you have your exit numbers (upside and downside) written down on post-its on your shaving mirror or some such? Stick with them! And if you absolutely have to see how far they will go, (little voices saying "just one more day"), atleast close out some of your position. Use those limit orders! Watch out for when conviction turns to simple enthusiasm! And, remember, if you go in or start thinking "this is how much I'm prepared to lose", you probably will lose that much, especially with near-term options. Hence the statistic that better than 60% of all options expire worthless. Be the minority. mano