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Technology Stocks : IDTI - an IC Play on Growth Markets
IDTI 48.990.0%Mar 29 5:00 PM EST

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To: Rob S. who wrote (8336)5/14/1998 1:17:00 AM
From: MichaelR  Read Replies (1) of 11555
 
Rob S,
Any feel for Aug 10 puts @ 7/8 or Nov 10 puts @ 1 1/4? I'm loaded with IDTI and think being assigned at 10 with the premium would be very attractive. I can't really afford much further downside risk at this point. Fortunately I did some trading in the 13 to 14 range which takes some of the sting out of the recent downdraft.
On a worrisome note Costco lowered its selling price for c6 computer + 14 inch monitor from $899 to $799 in the Portland area. I didn't notice any adds in Computer Shopper this month. I may try to visit the Hillsboro fab and get a better sense of what the future holds. I lost my coffee mug from the last visit and need a replacement.
Michael R
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