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Strategies & Market Trends : Tech Stock Options

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To: Alan Smithee who wrote (6959)4/7/1997 1:45:00 PM
From: Kevin   of 58727
 
DSG. Just sold CSCO May55 calls at 1 9/16...see post to Judy.
LSI looks strong...I've been watching it since Judy, or you, or someone started mentioning it early last week. MF indicated the trip to the high 30s with poss to 40 when the stock was in the lower 30s. Wish I looked at this one ealier and didn't miss the ride.

I may sell calls...I think $40 is going to be a tough number to maintain based on several of my tools. I'd bet LSI will dip back below and that'll be reistance for awhile. Maybe til earnings...
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