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Strategies & Market Trends : Tech Stock Options

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To: Kevin who wrote (34866)	2/10/1998 4:29:00 PM
From: Electric	of 58727

Kevin, AMAT numbers look good, but the after talk is prompting the stock down 4 in after hours trading.. This does not bode well for other stocks.. Puts might be the play for the next few months here.. Asia popping back.. Got out of my IBM 100 calls for a synthetic break even, kept the puts in place, and I am still strangling IFMX for earnings, it looks now that the put side will be profitable, I would have ventured to say initially that the call side looked good, but with the Asia Kung Fu back on the techs, get out while you can, it was a fun ride (INTC MSFT DELL) I predict a nice little sell here.. Anyone else have input? Electric

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