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Technology Stocks : Westell WSTL -- Ignore unavailable to you. Want to Upgrade?

To: KHS who wrote (15483)3/21/1999 11:42:00 AM
From: Jim S  Read Replies (1) | Respond to of 21342
 
I am just saying there is more room above it than below it.

There's an old saying among pilots: "There's nothing more useless than altitude above you, runway behind you, or potential airspeed."

But, a note of optimism is always welcome. Maybe someone will offer this blindfolded stock, that is back to the wall, a cigarette.

jim



To: KHS who wrote (15483)3/21/1999 11:23:00 PM
From: P314159d  Respond to of 21342
 
>> I will not invest long term in it

I know a prince when I hear one!

>>I am buying some long calls

A damn smart one!!

>> I am just saying there is more room above it than below it.

And you took the right strategy, even though anything can move up or down in equal percentage terms from a given strike price. Options leverage your viewpoint. I'd be with you but playing this stock, makes me too ill if I am wrong! Good Luck, my son!


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