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Strategies & Market Trends : Tech Stock Options

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To: j g cordes who wrote (6094)	3/17/1997 4:12:00 PM
From: Kevin	of 58727

Jim. I'm a bit confused on the rates issue. My guess is they won't raise rates, but I gotta say I wouldn't be all that surprised if they did. CPI coming in abouyt 0% or negative would make me believe they'll leave rates alone. PPI was a nice surprise, but I think we need a confirm from PPI...kinda like this time last year & for several months thereafter. As far as nets are concerned, I think we're finding the bottom. CSCO belongs above $50 (I should have bought calls today to back this statement), and even COMS & CSCC are looking oversold. ASND looks like it wants to go back to $60, but it's got an anchor pulling it back to $50 latley. Might be a slow ride up, so I'll probably sell puts. Got killed on the ASND calls I own and the puts I'm short. Oh well...I never claimed to hit 10 for 10 :) Talk to you later! Kevin

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