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Strategies & Market Trends : Tech Stock Options
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To: Electric who wrote (40369)4/20/1998 1:35:00 PM
From: Jack Straw  Read Replies (2) of 58727
 
I just bought 10 may 100 puts on BIG BLUE. A little fun money trade. Looking for her to fall back to the 100-103 range by weeks end. I feel that the revenue stream is slowing to a point that will not enable IBM to talk its way out. But you never know. PFE is looking pretty sweet here.

Brian
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