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Technology Stocks : Identix (IDNX)

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To: Buck who wrote (5870)12/21/1997 3:53:00 PM
From: J L Segal  Read Replies (2) of 26039
 
Buck, you're right. Even if you're an informed investor/trader, your
odds are only slightly better trading options than gambling!
(sure wish I would have given into my temptations a couple of weeks
ago & sold some covered Dec 10 calls + my entire Dec 10 Call position.
I would have been able to use the profit to own at least another
"free" 1000 shares of IDX!) I broke the successful option trader's
Golden Rule: "NEVER trade the current month! & NEVER, NEVER hold out
until expiration!!"

JL

p.s. - OFF TOPIC -

Steve & Buck thanks for the semi info.
I've been following the 300mm market.
If you like botton picking, check out the following 2 co.s:
WFR - the only publicly traded co. in the US that is a pure play
in the wafer producing business.
it's now trading below book value (around $15/shr)
FERO - Makes pullers for growing wafers. (World's largest,I think)
They recently shipped the first US produced 300m puller
FERO is underfollowed & has also been oversold. (around $5/shr)
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