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Technology Stocks : Qwest Communications (Q) (formerly QWST) -- Ignore unavailable to you. Want to Upgrade?


To: SJS who wrote (3140)3/16/1999 3:40:00 PM
From: David Lawrence  Respond to of 6846
 
No, I overpaid for them with the full knowledge that it'll probably be a losing trade. Chalk it up to insurance premium that'll help me sleep at night.

If it continues to run, I'll almost assuredly sell covered calls. Or not. <g>



To: SJS who wrote (3140)3/16/1999 3:44:00 PM
From: David Lawrence  Read Replies (1) | Respond to of 6846
 
By the way, Steve, I just did a full turn on Vitesse, selling calls and using the premium to buy puts. I'm effectively short at $50.25.