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To: Dennis Kern who wrote (117045)4/13/1999 2:40:00 PM
From: edamo  Respond to of 176387
 
dennis...re ibm short term...

i wish a had a crystal ball...the stock splits on 5/26...so you'll end up with 2 x 85's.....you're in the money and also profitable...not to give specific issue recommendation, one strategy to play safe is when you reach a point that you can sell a portion of your contracts to recoup your initially investment, it could be deemed as wise...for what is left can only be profit(hopefully...but definately no loss!!!)....e.g...after the split if you were to sell half the position, what is your remaining exposure/liabilty

good luck..ed a.