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jenna

03/29/04 5:55 PM

#22042 RE: jenna #22041

SNDK --> April 12 earnings. like RIMM this will be a big straddle play. Locked in already that move from 26.85 today (stopped out after locking in before) and we will begin to consider new positions and our first call options probably tomorrow. First is that we are not underwater, we start off with a clean profit in our tech plays picked up near the bottom, so we don't need to average down on losers. If SNDK triggers above 29 we will consider the next stage of a straddle for April 12.
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jenna

03/29/04 5:57 PM

#22043 RE: jenna #22041

GE was the baby that made the first move for us!