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Strategies & Market Trends : Tech Stock Options

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To: Tom Trader who wrote (30539)	12/6/1997 4:16:00 PM
From: j g cordes	Read Replies (1) of 58727

Hi Tom, I've played the same scenario with distressed sectors. Gold certainly is distressed... how's that for understatement! Have been considering getting in but will wait (except for some quick trades on extreme over selling within downtrend), until the average cost of production price and spot market price get within a 15-25% of each other... more in line with titanium or copper industries. With so many central banks defecting ownership it may be awhile yet. Almost in there with you on semi's. Have a good day. Jim

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