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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: Rose K who wrote (33825)	4/14/1999 2:47:00 PM
From: eden	Respond to of 120523

Just back from work and I can't believe my screen --USWB is really in a freefall--I think I'll wait to average down--seems like something is up.

To: Rose K who wrote (33825)	4/14/1999 2:48:00 PM
From: AnnieO	Read Replies (4) \| Respond to of 120523

Rose, USWB: Let us give it a push. (push!!!!!!!!!!!!!) puff pant. Is it helping? AnnieO

To: Rose K who wrote (33825)	4/14/1999 9:37:00 PM
From: HarryF	Read Replies (1) \| Respond to of 120523

USWB & Options- well, after last week being my best trading week ever, I think I gave it all back yesterday and today. Made money last week, had far too many positions to properly maintain, today, and got hurt. OWWWW! re: USWB options & averaging down: Be careful! I have the May 35's too. paid 4 yesterday when the stock was in the low 30's. Close to being "in the money" If you buy more May 35's today with the stock in the 20's, you are far out of the money - what this means is that the May 35's won't go up near as fast as, for instance, the May 30's which I'm sure were also on sale with the stock today. The further out of the money, or away from the strike price the option is, the less it will react to an increase in the stock price. When a stock catches up to an option (strike at 35, stock at 35) then the option will increase point for point with the stock. That's when you have maximum leverage and make $$$$$. Hope this makes sense. And I'll be right there along with you pushing for USWB to regain it's rightful price too!