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Technology Stocks : USRX

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To: Rafael F. Bustos who wrote (351)6/18/1996 3:05:00 PM
From: mike angelo   of 18024
 
Rafael - I sure hope you bought puts to protect existing stock against a lower possible drop, because your "straddle" will likely lose. July will probably be an upbeat month for tech stocks. I can't envision USR dropping below 70 unless the whole tech market caves in. If the price drops below 70 anytime soon, I would take my profit and run.

ma
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