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Strategies & Market Trends : Tech Stock Options

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To: tony sidhu who wrote (30899)12/11/1997 10:22:00 AM
From: Jerry Olson  Read Replies (1) of 58727
 
Hi Tony

Yeah they announce new orders last week from Hundayi and then warn about push outs!!!!! OUCH!!!

I wrote covereds against my shares and bought some protective puts for Jan...I 'll buy back my calls soon, and then wait for the coming rebound(technical), and sell them again, & again, & again!!!!

I bought some puts on KLAC too...Even thought AMAT et all have been downgraded, the co's could WARN too...

Stay loose guy, Jerry
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