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Technology Stocks : Y2K (Year 2000) Stocks: An Investment Discussion -- Ignore unavailable to you. Want to Upgrade?

To: paul e thomas who wrote (13695)	2/3/1999 7:55:00 PM
From: Nanda	Respond to of 13949

Paul, I have been trading options for the last 20 years. It is often a crap shoot. Odds are much better if you stick with stocks you know inside out, like IMRS. Now we both are in IMRS options. I never let a stock like IMRS go too close to the excercise date, you loose premium very fast and if things do not turn around, you loose all. If Feb. options get in money with some profit or close to buy price, I will sell them and covert to March options. You will get fewer options but chances of better profits. IMRS is at that stage where good earnings rewards may come few days after the earnings. CBSI is a case in point. GOOD luck.