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Strategies & Market Trends : Tech Stock Options

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To: Nancy who wrote (5459)	2/12/1997 11:54:00 PM
From: Judy	of 58727

Nancy, Some things to keep in mind ... Tape reads are transitory, might be for one week or one option cycle ... move it up or drive it down or vice versa. Gotta see beyond. NKE overvalued? The market does not think so or may be forward earnings justify the price. Check with Philip and Sal, they both hold the stock. ASND paper trade ... recall I asked you if the stock would see sub-60 by April? If you thought the market would correct, then for sure the stock would. Ponder the same for AMAT.

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