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Strategies & Market Trends : Tech Stock Options

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To: David Weis who wrote (28437)11/14/1997 11:15:00 AM
From: Jerry Olson  Read Replies (2) of 58727
 
Thanks David for your concern...Tough break there....

No I did not sell KLIC here as yet...The report was way to good for the stock to respond to it this way...

In fact this is exactly what the market has done to all good reports, sell on the news...I think we'll see this stock a lot higher soon...No hurry to sell but would have preferred to get out now...I won't take any losses under any circumstances...I'll just hold...

This market is very vulnerable near term...Lots of outside forces tugging and pulling ....The Basic Eco news was terrific...so go know what the hell is going on....Japan looks very serious....

I never understood what our connection was with HK, but Japan that's a different story...Anyway this is a good time to sit this one out PERIOD, preserve capital, and nibble on the beaten up semis on down the road...
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