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Strategies & Market Trends : Tech Stock Options

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To: Jerry Olson who wrote (30161)	12/3/1997 3:30:00 PM
From: Tom Trader	Read Replies (2) of 58727

>>Yeah things ARE getting beat up a little too much here... Well my friend, I am finally getting around to your point of view that the serious money is to be made on the upside; like I posted to Mohan, the major averages don't tell the full story of the extent of damage that some stocks have suffered. Several sectors have been in bear markets for several months now and with the tax-loss selling they should get beaten down even more. But there are some positive divergences appearing even on the SOX and I think that the next sell-off should be the time to start accumulating the quality names. The only thing that can derail this is if the Asia problem spreads to Japan and China--then all bets are off.

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