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Technology Stocks : Credence (CMOS): Anyone out there
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To: ELH1006 who wrote (456)11/28/2000 8:00:31 PM
From: Jerome  Read Replies (1) of 497
 
Which April June options did you find worthwhile?

For myself I will wait till the end of the week and then go for some APRIL, JUNE options on LRCX, CMOS, and possibly NVLS if it is still trading down after the guidance conference call on Thursday after the close.

On the tech market as a whole after everyone is through with downward guidance and investors are convinced that the lower expectations are still better than other choices a rally will begin. This re-adjustment of expectations usually takes 4 to 6 weeks to materialize.

For now I'm doing mostly covered calls until I see an upward trend in the NASDAQ. I like options because every month its. "where do I go from here".

Jerome
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