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Technology Stocks : TECD - Tech Data
TECD 144.900.0%Jun 30 5:00 PM EST

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To: MichaelW who wrote (80)2/7/1997 9:31:00 PM
From: Herman J. Matos   of 584
 
How folks,

You may not see any real action until March. The next earnings report is scheduled for March 26, 1997 according to Zack Research. The options expirations date is Friday, March 22, 1997. You will have all sorts of price gyrations just before that earnings report and then the stock will move up just in time for the announcement.

The last week or so there was some pretty mean WHIP SAW price action in the calls! My fellow TECD owners! That's were the money is being made at this time - in call writing as the stock is going sideways! You are all invited to the party! That volatility (part of the fake out tech sell off this week) is what is forcing TECD price to go nowhere.

I just picked up some MAR 25 calls real cheap! A few more TECD cover and write turnovers and more call premiums and I will exercise the calls with other people's money and promptly write deep in the money calls and hopefully get called out with a nice profit! The kicker is the stock price has been virtually around the $22 to 25$ range for some time now!
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