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Strategies & Market Trends : Tech Stock Options

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To: Lyle Abramowitz who wrote (5993)	3/13/1997 12:40:00 PM
From: Kevin	of 58727

Hi Lyle. I sold my MO leaps yesterday near the high. I'd expect the time window for a downside move to be bounded by the split pay date. It may be weak on interest rate fears until the FOMC meets later this month. Congrats for grabbing that profit! Now it's my turn! Just closed my MO calls @ 1 1/2 for a nice gain. >>"under distribution".<< I'm not sure if this phrase is used with MF... I use plain-jane phrases like "The stock's gonna fall", that way everyone knows what I'm talking about :)

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