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Strategies & Market Trends : Tech Stock Options

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To: Autumn Henry who wrote (22598)	9/11/1997 12:38:00 AM
From: Tom Trader	of 58727

>>IBM....January look....to 200 dma....possibly...85-86 (see I said l0 points...:))<< Hi Autumn...... Yes you did say that -- I need to figure out how best to salvage my IBM calls--and get something more out of it. They are the October series but IBM looks like it is headed lower. One of these times when it would have been better to have flipped it. I understand that IBM have declined to make any comment on earnings because its strongest month is September--and so they don't know how much earnings will be impacted.

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