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Strategies & Market Trends : Tech Stock Options

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To: Sundar Rajan who wrote (31276)	12/15/1997 5:10:00 PM
From: Tom Trader	Read Replies (2) of 58727

Sundar re>>If DOW/NDX move up HWP/IBM should do well, correct? Yes, they should -- though depending on the exposure each of them have to Asia that could be a factor. Also until the technology sector stabilizes, I am not sure that you will see much upside potential for now. You may want to look at selling near month calls on them when they rally a bit -- as a way of recovering some of your premium. I often do that as I wait for the stocks to base and get ready to make a protracted move Good luck

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