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To: Hawaii60 who wrote (3897)4/7/1999 11:04:00 AM
From: Hawaii60  Respond to of 30916
 
If ANYONE here is really good with options, please review my last post and give me your advice. It would be most appreciated.



To: Hawaii60 who wrote (3897)4/7/1999 11:04:00 AM
From: Condor  Read Replies (1) | Respond to of 30916
 
I guess " excercising them " would be out of the question eh? :^)



To: Hawaii60 who wrote (3897)4/7/1999 11:10:00 AM
From: md1derful  Respond to of 30916
 
H: I'm not saying that I'm good with options but with the Aprils, the market gave you a gimme yesterday..you should have sold into the strength yesterday and taken the easy money, imho...I own tons of Sept calls myself. Regards



To: Hawaii60 who wrote (3897)4/7/1999 11:16:00 AM
From: Andrew H  Respond to of 30916
 
Personally I would sell the Aprils and buy the Junes when you think the opportunity is right. Would not wait too long though. If we don't get any news soon, we could head lower.

Daytraders leaving and shorters coming in. Company will hopefully say something important tomorrow.



To: Hawaii60 who wrote (3897)4/7/1999 2:47:00 PM
From: Scott Sorochak  Read Replies (3) | Respond to of 30916
 
sorry for the late post to your question Hawaii, but I would strongly suggest you NOT sell out of these yet. You didn't mention what you paid for them but I'm going to guess your in the money on all except the 22's and 25's...you still have 7 days left 'til expiration and if they file the S1, put out any more press releases, basically breathe between now and then, you'll be glad you didn't unwind them...my personal take is we'll see north of 27 before next Friday...the biggest caveat is of course a market reversal....good luck, S



To: Hawaii60 who wrote (3897)4/8/1999 3:59:00 AM
From: Bill Zeman  Read Replies (1) | Respond to of 30916
 
Hawaii

Sell all your April options NOW and take HUGE profits!!! If you want to hold any, hold the 25's. If you still want to be long on options buy the Junes like you said you are already doing. there is absolutely no sense in risking the Aprils any longer this close to expiration and right after a huge run up. A pull back is EXTREMELY likely before expiration. Close now!

Bill Zeman
24 7/16