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Pastimes : The Naked Truth - Big Kahuna a Myth -- Ignore unavailable to you. Want to Upgrade?

To: wlheatmoon who wrote (16919)	1/24/1999 12:50:00 PM
From: kahunabear	Read Replies (1) \| Respond to of 86076

MKC, I was much bolder then. It was the first time I thought that I had a sure thing. I felt pretty sure that their technology wouldn't fly. I bought puts and then watched the stock go higher and higher. I bought them a few months out and the stock eventually came back near my strike at expiration. I would have been ok if I had bought another few months out. In the long run I was right, but learned that right isn't enough. Timing is key. That lesson has served me well. WS