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Technology Stocks : C-Cube -- Ignore unavailable to you. Want to Upgrade?

To: Jacques Chitte who wrote (39838)	4/15/1999 3:24:00 PM
From: greg Benfield	Respond to of 50808

IF you straddle C-Cubes $20 for April. You would put out at least $112.5 per each hundred shares you do both a put and a call on. If this stock goes up $1 you will at best break even. The time to straddle would be for mays and If earnings were to come out in the begginning of the month. In that way you can make sure that you have enough time premium still left to make any significant push in either direction significant. Once it moves up or down a couple points sell the winning option. Hold the other as it will probably be worthless and you never know ...this stock tends to head back to the $20 no matter how low or how high it goes. Good Luck. With Straddling the worst thing is if it does not really move and with one day left prior to expiration then it does not have time to move.