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Technology Stocks : CCSC - Coherent Communications
CCSC 5.170+0.4%Apr 20 5:00 PM EST

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To: JakeStraw who wrote (142)4/9/1997 8:21:00 PM
From: OZ   of 381
 
Garcia,
If you look at their chart, you will see that their
previous rallies happen with sudden fury. These occur
around earnings time. Sometimes before and sometimes
at earnings. The other thing I noticed is that it ALWAYS
gives up its gain within days to weeks. I purchased 10
of the 17.5's contract at 1.5 and hope there is good news.
If we get a rally, I will sell the contracts and buy some
cheap puts to catch the fall. Since most the big money is
invested big caps right now, I see a pattern where NASDAQ
small and mids cannot keep their gains.

Regards,
OZ
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