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Technology Stocks : WAVX Anyone? -- Ignore unavailable to you. Want to Upgrade?


To: SDR-SI who wrote (7183)5/29/1999 12:26:00 AM
From: Bill hasty  Respond to of 11417
 
I would like to recommend another board on S I that has a lot of good information for people interested in options. Herm is a great help to all posters. I have been waiting for WAVX to get on nasdac so I can give it a try.
Here is the link to Herms thread.

Subject 12574



To: SDR-SI who wrote (7183)5/29/1999 3:17:00 PM
From: waverider1  Read Replies (2) | Respond to of 11417
 
Thanks Steven and K, I think I'll leave options trading to the pros.



To: SDR-SI who wrote (7183)5/30/1999 10:41:00 AM
From: SteelerStu  Read Replies (2) | Respond to of 11417
 
Steven - thanks for the warning but the September and November Options seem to be a pretty safe bet now that things are heating up -- If we cant assume even a 50% gain in the stock by then - then we all need to sell today -- and remember a 50% gain in the stock price means roughly a 300% gain on the options - plus you can excersie or sell American style options any time before the expiration date --

IMO its a no brainer except for a global market crash and by most reports the internet is reaching bottom and due to trend up. CMGI just split and is another option I might look at (I think IBM too)