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Strategies & Market Trends : Tech Stock Options

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To: David Cope who wrote (6617)	3/31/1997 3:33:00 PM
From: Alan Smithee	of 58727

To Lisa: Be cautious on ASND calls. It's hard to say how the market will digest the ASND/CSCC deal. Take a look at COMS. COMS has been relatively flat since the announcement on the USRX merger. I would be very hesitant to get involved with calls on this one for the time being, but what do I know. You might want to consider leaps, if they are offered on ASND. More of a longer term play, but if the stock stalls for a month or two, you won't lose your money IMHO there are better option plays around. Anyone getting nervous about whether INTC will drop again? Regards, DSG

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