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Strategies & Market Trends : Tech Stock Options

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To: Judy who wrote (2067)5/29/1996 3:40:00 PM
From: Constant Reader   of 58727
 
Judy, was visiting my old Chinese professor, who is also smartest investor I ever met, even at 83.

RE: IOMG - I agree. No more risky than some we can all think of at this point especially. I think we have a good chance to see this heavily OVERSOLD as so many WANT it DOWN. Should be some nice pickin's. Not bad at his price but I might watch a while to see if it can hold at 35. ( I use a JAZ drive - that and empty box all one needs for NC). PLEASE, dont remind me of OAKT.

YES, I bailed on CYCH while away. Think it is ahead of itself again. What a nice play though, eh?

IOMG I dumped post-split, when it appeared it hadn't split at all. Too much momentum for me and Im dizzy enough already.

RE: USRX: damn good question what is going on now. After the leap to the 90's I am not surprised it is basing at this level, maybe for a while, if affected by the loss of momentum in momentum stocks, whether it be one or not. The intraday low @ 90 3/4 was lower than I expected, and may portend a nice day for tomorrow, but stock may close that low today. YOU?

BTW, CSCC is fading fast it seems to me. I am not convinced that the three (SHVA, CSCC, USRX) are still moving in tandem. Regards
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