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Technology Stocks : Computer Network Technology (CMNT) -- Ignore unavailable to you. Want to Upgrade?


To: Jimbo Cobb who wrote (617)5/22/1999 2:23:00 PM
From: John D. White  Respond to of 750
 
No kidding, jimBO.

Rolled them out to October now and sold some more in-fact. October puts all my CMNT long term, and even if they get taken-out sooner, I capture the additional premium. (All the call premiums will drop to zero if a take over is announced.)

Having to hedge lots of positions now. If you ever get a stock in your portfolio that is worth more than you can earn in a year, I would suggest you look at hedging a little too.