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Strategies & Market Trends : Tech Stock Options

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To: donald sew who wrote (34464)	1/30/1998 8:24:00 AM
From: kiwi	Read Replies (1) of 58727

Good morning Don and all. Hey Don we sold our AMR calls yesterday for a point. We wanted to get back in on the long side but we once again had to leave the house. Wich is the reason we shot ourself in the foot on the WFC trade. We made money but it could have been a nice double. I guess that is the downside to the old chicken trade, you have to hit the delete and move on. Good job by D.S.G. I am sure you heard the word on CNBC from newsweek about AMR being undervalued and should be $150.00 I hope this does not bump up the XAL on you. Good luck to you today. kiwi

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