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Strategies & Market Trends : Tech Stock Options

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To: Tom Trader who wrote (31221)12/15/1997 12:36:00 PM
From: Jerry Olson  Read Replies (3) of 58727
 
LOL

Yeah you got that right TT...safe haven YAHOO & AOL RIGHT!!!!

sure there over valued, actually their pe's are halatious...BUT, what else is any one going to do except play with their computers and surf the net<ggg>>>

TT, the techs have not bottomed yet...the fall out is unknown...We could get a nice rally here because of all the bearishness, and because of seasonal factors...

but I still think if we go higher thru the Jan effect, after eps, the stocks could really get hammered...By then Co's will have a better sense of what the future has to offer...

Far be it from me to tell you what to do...But CPQ as you know announced a 2-1 split, that always helps prop the stock...no real worry with a stellar co like CPQ...esp on down the road...splits are great to play, and yes now maybe own....i'm just lurking around looking for stuff to short....he he he
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