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Strategies & Market Trends : Tech Stock Options

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To: ViperChick Secret Agent 006.9 who wrote (6637)	4/1/1997 11:41:00 AM
From: giddy guru	of 58727

//gg// Lisa, I mentioned ASND is messy. But, if you are a long term investor, ASND should double from the bottom by this time next year. I still don't know where is the bottom. May be 34-36. Better to short MSFT than buy puts. MSFT is one stubborn stock that refuses to go down. It will in due time. In PUTS, you loose the premium by time decay. But shorting cost a lot dough. So, it is not attractive and I am not in there. Why don't you try ASND, AMAT, INTCW. All of them swing 2-3 points intraday. If your entry is OK, you can make something quick. I got in and out on both CSCO and INTCW today for scalping. /gg/

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