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Strategies & Market Trends : Tech Stock Options

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To: Patrick Slevin who wrote (36040)	3/5/1998 11:15:00 AM
From: Electric	Read Replies (1) of 58727

Patrick, I agree with you.. I say INTC slumps lower over the next 2 weeks to low 70's to high 60's.... DELL has a split tomorrow and that is helping keep it afloat.. As far as my scalping, I have an order in on 2 Mar 135's but it has to drop to the 132-131 range to hit.. Like you say, there still may be a drop in the day, but it seems that most tekkies are trending like I mentioned yesterday.. buy sell and go nowhere... INTC is gonna trade over 100 M... what is the record?? I say if anything some side stocks will actually close strong today, like DELL and MOT and MU... My order is in for 2 135's but I may convert to 1 Mar 130 if the price holds hard here... What might you do???

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