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Strategies & Market Trends : Tech Stock Options

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To: Tom Trader who wrote (2188)6/3/1996 9:22:00 PM
From: Michael Hillman   of 58727
 
NSCP play ...
Well ..you got your basic hype-driven ,,,internet ..over valued darling stock ..drifting ..slowly sinking on the ebbing tide .
As of yet, no concern from management ..so no strategic announcements ...content to drift on the sea of no direction . It represents what a good portion of tech's are starting to become ..bargains ..
It started out down 2 bucks ..and churned ..very slowly ..with very little volume ...at about 65 ..and change .
This is the time I look forward to ...when the market is left to us small players ..I feel like a kid in a candy store .
I have been looking at out of the money ..in July's ,,,but if this drift continues ..and friday's report is detrimental ...I think there's more than one opportunity for deep .out of the money's.....with big premiums ...for June...even a few to ride out ...
and yes ..IOMG is top of the list ....
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