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Technology Stocks : Cascade Communications (CSCC)

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To: margin_man who wrote (3436)4/7/1997 9:37:00 PM
From: steve harris   of 3743
 
Thanks Patriot.
I am wondering what longs are doing lately. I am looking at writing
call options.
may35 are 1 1/4
jul35 are 3
jul40 are 1 1/2

The may35 have most of my interest. Of course the jul40 are close too.
I am operating from the opinion that the rally the last three days
aint gonna last. I still see a possibility CSCC at 25 again, but of course I dont want to short it.
Just an idea...........
steve-long cscc
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