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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Jenna who wrote (101062)6/7/2000 12:26:00 PM
From: Jenna  Read Replies (2) of 120523
 
Opinion on AMCC June 100 calls AEXFT at about 8.. These calls were priced at 17ish on 6/6/00 .. .. This blimp is a gapper. AMCC is 'bulemic'.. It splurges and purges. It 'blimps' up after a sharp corrections. I would say AMCC had a sharp correction. It could easily gap up 10 points tomorrow morning and you might never get in. I would seriously consider a call option in AMCC.. It is already 83% of day high.
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