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Technology Stocks : Linear Technology Corporation
LLTC 65.000.0%Mar 20 5:00 PM EST

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To: Chucky who wrote (228)2/6/1997 11:16:00 AM
From: H.P. Yee   of 754
 
Hi Chucky,

I bought MXIM FEB 55 PUT for 1 7/8 on this past monday, and got out
at 4 yesterday.

I have a very conservative policy with regards to options, that is sell when I double. Most of my friends thinks I am way to conservative. I have known people who made 1000% on puts in one trade, I never had such luck becuase I sell at 100%.

MXIM reported on Tuesday already.

I don't have an opinion on where MXIM will go from here, wish I knew, but the whole high tech looks very weak...

good luck on whatever you decide.

-H.P.
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