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Strategies & Market Trends : Tech Stock Options

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To: Rob E. who wrote (135)	2/28/1996 7:03:00 PM
From: Judy	of 58727

rob, INTU has a good chance of breaking thru its resistence at 17 since it's testing it now. Once it does, and the company announces more electronic commerce deals (ever notice how INTU time their good news?) it should go up in big spurts. Did you pay 8 for the option before INTU took its most recent dip? If I recall, support is at about 55 and the stock bounced back up. Look at the charts, and coupled with knowledge about the stock, they can help you decide when is a good time to buy the options. SUNW options should be a good play also, depending on what you paid for them. Still smoking?

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