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Technology Stocks : Network Associates (NET) -- Ignore unavailable to you. Want to Upgrade?

To: AlienTech who wrote (5241)	5/4/1999 11:14:00 AM
From: Just_Observing	Read Replies (2) \| Respond to of 6021

A very good safe strategy. If the stock rises sharply to say $30, lock in profits by buying some of the 20 puts for about $1 or so (don't pay more than that and of course time will have expired). If the stock retreats, you can sell the puts back for additional profit or keep them for insurance.

To: AlienTech who wrote (5241)	5/5/1999 11:42:00 AM
From: John Ritter	Read Replies (1) \| Respond to of 6021

My simple approach is to buy more NETA today at the same price I bought it a few weeks ago. What went wrong with my approach is that I did not sell at 15 like I should have. So I know I was dumb not to take profits, and am probably dumber to buy more at 11 and change today. My problem is I tried that complicated stuff some years ago and I was even more confused, the only thing I understood was when the market tanked I lost more, so I became a simple minded investor.