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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets!
LRCX 156.00+0.6%Nov 28 9:30 AM EST
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To: Ira Player who wrote (3299)11/5/1997 5:02:00 PM
From: Robert Marsh  Read Replies (2) of 10921
 
Ira and others. I am severely over-weighted in the equipment makers and looking at short term puts as an inexpensive hedge for any more sudden downturns. What I like about the puts is that it gives me more cash to spend as the market goes lower. Anyway, I am looking at ASMLF as an opportunity for large drops with a market or sector correction. But the premiums are high. Can anyone suggest a better candidate?

Thanks,

Bubba in Milwaukee
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