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

To: Alex Raytselsky who wrote (10744)	3/5/1999 12:42:00 PM
From: BWAC	Read Replies (1) \| Respond to of 12559

Lets see now. Selling near strike Puts generates cash. About 10% return usually in one month. maybe 2 months. And obligates you to buy a stock that it assumed you want at a lower than current market price. Yeah thats dumb. Its SOOOO much smarter to throw your money down the drain speculating on out of the money calls. I mean who REALLY needs to minimize risk while at the same time earning a decent return. Selling the 12.5 Puts on Fore would at this point in time be an excellent risk averse short term trade.

To: Alex Raytselsky who wrote (10744)	3/5/1999 12:45:00 PM
From: Boris Reynov	Read Replies (1) \| Respond to of 12559

Dear Alex: I believe a lot of people will be happy to learn from you how to invest. Which book did you read recently? "Investment for dummies"? "Idiot's guide of the stock market"?

To: Alex Raytselsky who wrote (10744)	3/5/1999 12:52:00 PM
From: jas cooper	Respond to of 12559

I just bought the 5 volume set of Everything Jach Doesn't Know About Investing. It's rather thorough but you have to keep switching discs, and they're constantly sending updates. You can get it for $49.95 from Amazon.com, or, email a stamped self-addressed envelope to CSCO, and they'll send it to you for free.

To: Alex Raytselsky who wrote (10744)	3/5/1999 2:28:00 PM
From: john dodson	Read Replies (1) \| Respond to of 12559

Well, here's one where I actually agree with Jach. Selling puts does require a hefty amount of equity. However, it can be a good way to make some $. I dunno what the premiums are currently for the $12 1/2's, but you'd probably get to keep all of it. The key here is if you are ready to pull the trigger to buy some FORE shares anyway, then consider selling out of the $ puts. Buying out of the money calls is usually not a good idea, even if you are bullish on the stock. Time is against you big time in that scenario. It does work, though, if you're right about the magnitude of movement in the underlying stock. -John