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Strategies & Market Trends : Tech Stock Options

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To: Michael Rich who wrote (22048)	9/7/1997 1:02:00 AM
From: Judy	of 58727

Good evening, Michael and OJ and all Here's a big picture for CS, not just mf. Stock has been basing since June '96. Old management left and new management entered about a month ago, hence the pop to 38+. Look what the exit of the old CEO did for AAPL, look what a new CEO did for BAY. Even if the new CEO of CS doesn't put the company in order right away (or ever), the Street may give him one quarter's grace. Dorsey Wright considers CS a trading stock. But book to bill for 3rd Q is said to be greater than one. If so, the Street will look seriously at CS ... not just trade it. Oh, I think it was Dorsey Wright on CNBC. If not, then it was some other chubby guy who publishes a market newsletter.

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