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Strategies & Market Trends : Tech Stock Options

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To: Kevin who wrote (6680)	4/2/1997 11:02:00 AM
From: ViperChick Secret Agent 006.9	of 58727

Kevin, What you are really saying is that you don't think INTC will go down much farther, or else you would wait to buy - unless you were doing this as an short short term kind of thing. I did buy some INTC calls as a hedge against this "sorry lookin' trade" but not many. I am thinking of getting out of these puts if they hit over 3. What does you MF voodoo tell you. BTW, Maria B. on CNBC said that nervousness in the market was created this morning because of articles in two papers about the someone saying that the Fed was going to hike the rate in may. DUH?!?!?!?!? Don't we already know that - unless you have been living in a cardboard box for the past week , which I may be doing because of this "sorry lookin'" trade.

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