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Strategies & Market Trends : Tech Stock Options

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To: Judy who wrote (22081)	9/5/1997 12:09:00 PM
From: Kevin	of 58727

Hi Judy, how are you? Still looking to short GE because your refrigerator broke? Unless you're only looking for a few dollars, I think there's better oppurtunities elsewhere. Take a look at GE's chart over the last 10 years. Look at it on a weekly basis if it makes it easier. You'll see that GEslowly but surely continues to rise in price. The only substantial declines you can even pick out are in '87, '90, '94, and recently. All of these declines were due to the fact that the overall market declined alot as well...look at the SPX chart for the same period. So what I'm saying is, if you think GE is going to fall a major amount, then you should wait til you think the market is going to fall a major amount as well. GE isn't going to dive because your repairman was late or because the compressor died after 8 years. The have revenues in their appliance division of almost $7 billion per year! This is because their appliances are found in most every home in America. Just a few random thoughts. Ever since I saw your posts on GE, I've had their dumb jingle stuck in my head. Gotta get it out. Take care. Kevin

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