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Strategies & Market Trends : Tech Stock Options

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To: Jason Cain who wrote (2686)6/18/1996 9:31:00 AM
From: Judy   of 58727
 
SYMC

Jason, I like jul 15 calls more for the following reasons.

I've followed symc for some time ... it used to be a $30 stock and tanked because they based their product development strategy on Win 95 being on time. Win 95 was late ... symc languished for two quarters and made a recovery to 17, but 17 is a very, very strong resistance. Third quarter report coming up and perhaps there is nervousness since the stock has given up most of its gain. Expresso is great ... but when the internet-hype gets going and Win NT.4 comes out ...symc should rise. Perhaps this may come about by July. Good luck.
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