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Technology Stocks : AT&T
T 25.54+1.1%3:59 PM EST
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To: Bill Coenen who wrote (404)6/17/1997 10:40:00 AM
From: Tom M   of 4298
 
I'm out today with $1.50/share loss, for now. I expect the SBC exhuberance to cool down & by the look of the open interest in T options, I say it's headed for $35 for this Friday's expiration. I also agree that the next earnings report won't be impressive and that there will be better re-entry points in this stock in the future. I appreciated the SBC boost to get out of this dog close to my entry point.

regards & good luck to all,
Tom

PS Joan, you still in?
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