Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: omaha who wrote (3889)	1/31/1999 3:00:00 PM
From: Arthur S. Conroy	Read Replies (1) \| Respond to of 11568

Options are dangerous but that said I started playing WCOM at 40 last year (after the Fall dip) and have riden a 900.00 investment to 12K. I do play it safe though I always cash in after a 100% gain and roll forward to the next strike price. If I had the guts and stayed until expiration week on all my options 32K. I am still long the Feb 80's and nearing my 100% I will continue play the options until it gets near 100 (a very difficult number to break thru). At that point I'll have to consider a possible splitt and the resulting standard pull back after the completion. Worldcom does give it's employees stock options, or golden handcuff's with rolling 1 Jan vesting dates. It helps to maintain a good industry sauvy work force. You could always buy a out of the money PUT to cover your downside!