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Strategies & Market Trends : Tech Stock Options

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To: Kevin who wrote (5382)	2/4/1997 12:31:00 PM
From: Nancy	of 58727

Kevin, <<Other than that, I'm short calls and long puts on INTC...2 plays I opened at different times with different reasons...short-term stock should definitely STALL...longer term (month or two) I think the stock should fall.>> Just based on what you could see INTC SHOULD FALL in a month or two ? It has been trending very strong and every fund manager doesn't have it desperately wants it on a dip to help his/her performance, and you have all individuals who are waiting on the wing to buy on dips ... Would you care to explain your reasonings ? Thanks nancy

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