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Elmer Phud

11/25/03 12:56 PM

#18721 RE: HailMary #18710

HailMary -

Being much more conservative than you, I just started adding ORCL and HPQ to the list of stocks I'm acquiring. I wrote some Dec $11 puts on ORCL and some Jan $20 Puts on HPQ. As usual I used the premiums to buy shares. The HPQs were to start moving away from companies which are part of QQQ, which is my largest holding. Pretty soon I'll start expanding to non tech companies. They must be large cap, profitable, low debt and have lots of cash. Any recommendations?