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

To: Wooly who wrote (7203)	5/30/1999 2:03:00 PM
From: SteelerStu	Respond to of 11417

very true - but I'll risk a little to gain many times the reward compared to holding just stock -- I wouldnt gamble with the June or july's - only the longer September and November options - I'll pay the time value for a safer play -- remember you dont have to hold til expiration, you can sell or excercise -- if the stock price goes to 40 any time between now and expiration, from 24 you gain 70% in stock - in options your gain is maybe 400% on the same move almost 6 times your money for the same investment -- all depending on the price of the contact at time of purchase, of course --- I am not an options pro - I've been reading alot but have not dabbled yet - but this seems like a great stock to start with given its great upward potential and solid base over 20 -- dont you think we'll hit 40 in a few months - I do