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Non-Tech : Invest / LTD -- Ignore unavailable to you. Want to Upgrade?

To: SJS who wrote (7279)	2/10/1999 6:42:00 AM
From: Thean	Respond to of 14427

One put write I'm considering doing is KNDL's Feb 20. KNDL is testing support here at 20 - 20 1/2 and if this is broken it will likely go to $18. Institutions have been the net sellers last month after its 3 digit growth becomes 2 digit. But still growing 25-30% 99 vs 98. Not a tech stock but a CRO. However, it is important that we get a bounce today or tomorrow for the overall market. Otherwise, this can indeed zoom down to $18 fast. I feel comfortable buying and holding the stock at $20 for a couple of months. They announce one day before Feb expiration and they never disappoint. Another put write based on the rebound scenario is GALTF.