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Strategies & Market Trends : Tech Stock Options

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To: Deb Hamilton who wrote (237)3/7/1996 8:21:00 PM
From: Thom   of 58727
 
hi deb,
yes, corel is u.s dollars. i got talked into the stock by a market maker near its' peak. the option was a just in case move, but was apparently wrong.

i have idti may 12.5, and i think you really need to look at 12.5 hard before you play it - it's a 25% (nearly) jump from where it is, and it looks like idt may get softer. when the stock closes below 10, august may be enough time to get a good play on the calls, but it sure looks like a downward trend here and a good idea to see where it bottoms. let me know what you do. good luck
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