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Technology Stocks : Data Broadcasting Corp. (DBCC) -- Ignore unavailable to you. Want to Upgrade?

To: B. A. Marlow who wrote (2170)	1/7/1999 9:17:00 AM
From: moby_dick	Read Replies (2) \| Respond to of 5102

BAM - thanks for the comments on options. Yeah, I have been tinkering with options since about 1984 - with varying degrees of success. One of my first plays was back in the Time-Warner merger days. It was a "sure bet" for Time to rise in connection with the merger. Well, I bought $6K in Calls any lost it all in a matter of minutes - literally. At that time, I was a young whippersnapper and it represented about 50% of my portfolio - needless to say I learned a valuable lesson! Today, my portfolio is substantially larger and I usually play only "defensive" options. I agree with the long time lock-up of capital point so I don't expect to stay in the DBCC options thru June. With the expected stock gyrations, I figure I can go in-and-out of the options to "enhance" my return. I'll let you know how it works. Moby.