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Strategies & Market Trends : Tech Stock Options

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To: j g cordes who wrote (31215)	12/15/1997 11:53:00 AM
From: Jerry Olson	Read Replies (1) of 58727

Sure Jimmy But I am not ready to buy anything right now...I'll wait for eps in Jan...the so-called Jan effect may or may NOT have a good effect on these stocks...lots of stocks are breaking down big...it's very ugly.. Usually when this occurs they will then base build for 2-3 months before they start to turn up... by then we'll all,know what the forward look will be in these co's... i am not buying them even for a trade...not now...remember AMAT-KLAC-NVLS etc have NOT warned....yet!!!, and if they don't, then you have to sit till Jan to find out the problems...I don't like the odds about future biz....

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