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To: Gregory who wrote (4408)	3/8/2000 11:00:00 PM
From: steve mamus	Respond to of 8096

Gregory, Chips could go lower, don't try to get too cute for March expirations. This is a technical pull back and has nothing to do with fundamentals. No meaningful pullback in BRCM, TQNT, PMCS. Modest pullback in TXN will drop more if market conditions weak. TXN at 160 or under would be great and would be a major buy if cracks 150. We are having some sector rotation that will likely last the blink of an eye and I then the chips will continue to power upward in a big way. Many of these down briefly on profit taking. GLW - for March strikes 180 moderately safe 170 quite safe, however if market craps out so will GLW. The good part is at current price or below good entry point IMHO. If it is put to you at strike of 170 or less a good deal IMHO unless you absolutely do not want to own the stock or tie up capital. Long term GLW is great IMHO. How about the 1/01 200's the premium is over 4o bucks. DoK