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Strategies & Market Trends : Tech Stock Options

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To: Judy who wrote (5458)2/12/1997 9:30:00 PM
From: Nancy   of 58727
 
Judy,

what can I say on OXHP - the day it went down to 49 and next day it bounced back to 51 then it announced some acquisition and is being perceived positive, then it is upgraded - it is a matter of 3 trading days, it recovered from 49 to 56.

TOM has good earnings plus new European franchise in 1998, get this, in 1998 ! NAUT missed whispered number on earnings and stock got whacked back then, still on its road to recovery.

What I really regret is NKE - 3 months ago when it was down to 52-54, the tape from Dee showed heavy selling so I didn't buy. It announced excellent earnings and revenues projection, stock never looked back.
Of course, NKE is just like MSFT, forever overvalued.

Overall though, think some money is rotating to non-tech sectors giving tech sector is at historical high valuation.

remember my ASND feb 60p on paper ? - back in jan when ASND was at 78, it was only 5/16. Yesterday it was 4+. pondering AMAT, let it run some more, then do a real mar or apr 45p. mar 45p is only 3/4 today.
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