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Re: What went wrong?



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Scott Cooper wrote:
> 
> I need some help. I own some cpq stock and also bought some oct 75
> options. After yesterday $+3.625 to 77.25 I felt pretty good when I
> heard this A.M. that they beat earning expected which is usually good
> for a point or two and thenit was going to split and increase its
> dividen.  this sounded like my Oct. $ 75 option was going to be worth
> money.  The stock is now down over 2 points What happen? What did I
> miss? scooper

Hey Scott,

Maybe this will help, on nightly business report here in dallas they
said: CPQ had good earnings but missed the whisper.  

Sorry, I don't know what the whisper was.

On that option did you bail out or did you roll it over?

I might be buying some more of the cpq nov 70 or 75, also waiting to see
what happens.

Good Luck