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Strategies & Market Trends : Tech Stock Options

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From: Rob E.	2/28/1996 2:28:00 PM
	of 58727

just bought ESS tech (ESST)july 25 calls @ about 2 7/8 and Phoenix tech (PTEC)june 15 calls @ 1 7/8- i'm looking for a rebound for ESST, and its creeping up, and believe that ptec is currently undervalued and due for a move. i tried to find sigma designs (SIGM) calls but couldnt- so i bought shares instead. i'm looking for a move here too. my SUNW july 50 calls were in the money yesterday but are out today- my first otpion play ever; any suggestions on when i should sell or what will happen? my INTU (it) july 70 calls are creeping up but i paid almost 8 on them. i'm hoping for a spurt @ earnings time, i know this stock is volatile. any comments? i love this forum rob g

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