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Strategies & Market Trends : Tech Stock Options

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To: Electric who wrote (29653)	11/26/1997 1:58:00 PM
From: Kevin	Read Replies (1) of 58727

>>>What do you think of 108-110 being a strong ceiling for the stock and buying puts? <<< Hi Electric. I agree this is strong resistance, but so was $140 for MSFT...just a thought. Being that this is strong resistance, I'm looking to close my position on any pullback. I won't buy puts though...I'm not comfortable saying this stock will fall right now. Kevin

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