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 : LSI Corporation -- Ignore unavailable to you. Want to Upgrade?

To: Wolf 2 who wrote (17157)	2/23/1999 7:13:00 PM
From: FNS	Read Replies (1) \| Respond to of 25814

Re: >> may write covered calls on some of my position just to guarantee some kind of profit.<< Dumb move...you limit your profit potential...let your profits run! -sorry...mu opinion...your money! FNS

To: Wolf 2 who wrote (17157)	2/23/1999 10:23:00 PM
From: Beachbumm	Read Replies (1) \| Respond to of 25814

I am partly just venting my frustration. I certainly didn't think I'd be holding LSI for a year and a half just to break even! I was thinking of selling April 30s or 35s because April expiry is the week before earnings come out for Q1. Bound to be some choppiness which is actually good for the options players. On the other hand, am I a fool to short a stock with this momentum, which just made a new 52-week high? Seems like the techies will have even more reason to pour in; I mean, the chart must look pretty good here. On the other hand, this weakness in the world bothers me. Even Cramer doesn't enthuse about technology here. I don't really know what the crap to do; I just don't want to go back to the bargain basement -- been there, wasn't happy!! Beachbumm