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Non-Tech : Elaine Garzarelli

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To: Robert Stewart who wrote (57)10/27/1996 1:51:00 PM
From: Paul Moerman   of 292
 
Marlin, some of the stocks I own puts upon are MU, CPU, GATE, MUEI, and AMAT. Also bought some very short term puts Friday on APCC. Finally, bought some insurance puts on my ERICY position, even though I love the company - especially long term. I'm just feeling more an more that this market is setting up the sheep to be slaughtered, and I'd like to offset the losses I'll take on my long positions with some gains on puts! Let me know what you think of my picks... ;-)

Paul

P.S. I still think ORCL Jan 45p could work out, but I recently sold my position (broke even only) because I got nervous about its strength. Looking at charts, it has a gap to fill though - and I think it will do so.
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