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Strategies & Market Trends : Tech Stock Options

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To: Kevin who wrote (6963)4/7/1997 2:48:00 PM
From: Judy   of 58727
 
If LSI closes above 40 today on good volume, then buyers will rush in. CNBC's John Murphy talked about LSI "bottoming out" and maybe ready to break to the upside. Sheesh, he stole his script from me.

My thoughts are if LSI closes above 40, I will sell strike 45p on fall back. I also closed out my CSCO strike 55p this morning. Heck of a time doing so .... because StreetSmart was showing me frozen quotes for CSCO options this morning. btw, my ISP mailserver went kaputt too. This computer stuff sucks and I'm madder than hell right now.
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