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Technology Stocks : Actel [ACTL]

ACTL 0.0001000

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Jul 16 9:30 AM EST

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To: Im-patient who wrote (390)	1/30/1997 7:10:00 PM
From: James E. Orbison	of 674

Fred, We still own some of the stock, and don't see much more downside to it at this time, but since it's relatively weak, the market couldtake it down some more. Even though its thinly traded we covered call it frequently. With the warning from the co. about the near future, I don't see it going very far for a while. Guess I'll wait a couple days, and write some options again. Would buy more @ 17.5- 18.00 god luck, Jim

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