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Technology Stocks : 3Com Corporation (COMS) -- Ignore unavailable to you. Want to Upgrade?

To: American Spirit who wrote (29741)4/16/1999 8:05:00 PM
From: Herc  Respond to of 45548
 
I bought an oil service company, CLB, instead since the Oil Service Index was way up as was the price of oil. Also a lot of the other cyclcals were up. So will ride this wave for awhile. Market leadership could be changing out of techs temporarily or for a while.
Will do the due diligence on the modem companies Sunday. But will probably await a blip up in the COMS trendline and moving average before taking he plunge.



To: American Spirit who wrote (29741)4/16/1999 9:16:00 PM
From: Gary Korn  Read Replies (2) | Respond to of 45548
 
Just bought in 3COM

Likewise, I just got assigned COMS per the naked 22 1/2 april puts that I'd written when the stock was 24 1/2. Actual entry price works out to 21 3/4. Now I'm trying to decide whether to write May 22 1/2 covered calls for 1 point, or try to ride it out for a (potential) gain.

Gary Korn


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