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Technology Stocks : UTR -- time for Unitrode to rise

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To: Dave Hanson who wrote (107)8/3/1998 1:07:00 PM
From: Jim Goodman   of 119
 
hi, Dave, thanks....please don't kill me, but, given the action in the depr. techs, I rec'd. taking the calls options Gains in UTR (from 11- to 13+) on Thu./Fri., when it seemed to form a S.T. double-top, and others of similar ilk were breaking, so we had to sell to preserve capital....UTR was a nice, quick big % gain for my NL people, and when/if UTR pulls back again towards the 11. area, will keep it in mind....gotta be nimble in this market, with no attachments, as I teach in my materials, and UTR continues to act stronger than other depr. techs, of course, being up, while others are down, but I had to get out....best wishes, please keep in touch....we also took big gain in SMOD, in similar technical pattern, and cut a few losses as well....no sweat....onward and upward....
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