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Technology Stocks : Semi Equipment Analysis

SOXX 309.36

+2.2%

4:00 PM EST

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To: Proud_Infidel who wrote (5590)	9/23/2002 12:43:21 PM
From: robert b furman	of 95520

HI Brian, Yeah - I was hoping for 150!! <snort> Actually I think 46 is pretty darn high - time to be selling naked puts when the premiums are high. In 2000 I sold (10( 12.50 puts @ 2.00 - now they're trading at 1.25 with the similar amount of time decay on them.Yet VIX is just as high and has been for longer. The old vix just ain't what it used to be and there is also a similar put/call ratio. Course back on October 18 the Dow had dipped intra- day almost 500 points. Bob

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