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Strategies & Market Trends : Tech Stock Options

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To: Patrick Slevin who wrote (47444)	7/8/1998 5:09:00 PM
From: George Mc Geary	Read Replies (1) of 58727

YAHOO, DA MOON since I just sold my IIX call options. AMD reported -$.45 Vs. -$.20 Street. Short Mot and with puts. SEA is going to kill this rally sooner or later. Are we going to reward companies for beating lowered expectations ? Ready to step aside and let this market tank. I just do not see why we reward lower sales, earnings etc. Think INTC may be headed down also. Why should AMD be any worse off than INTC ?

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