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Strategies & Market Trends : Tech Stock Options

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To: Jerry Olson who wrote (16552)	7/23/1997 11:10:00 PM
From: Hans	of 58727

jerry, i guess i'm getting spoiled. after ibm,intc,sunw,wdc,more ibm, more intc all went up from the getgo, i made an irrationally exuberant move. my buy at market opening orders went thru: bought lot o klic @ 41 1/2 (near the day's high) and aug 45s for around 3 (bid now 1 1/2). amazing how that call premium sank. i'm gonna wait it out and buy sep calls if stock drops further. i'm holding ifmx too. this NT thing will be great long term. NT is the only way to go and will eventually dominate the desktop, not just the lab. earnings are next week. aug 12 1/2s were as high as 3/4, but actually went down a tad today even as stock went up. bullish and cautious... hans

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