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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?


To: IQBAL LATIF who wrote (31339)5/1/2000 1:15:00 PM
From: IQBAL LATIF  Read Replies (1) | Respond to of 50167
 
A play of others I look at sympathetically..

<<STM (Stmicroelectronics--$192.38; +8.38; optionable (STM)): Announced a
3
for 1 split 3-20 before the open. Splits 5-8, effective 5-9.
STATUS: STM has broken its down trendline and is moving in an ascending
wedge pattern on the right side of its base. Friday's move down was on
lower volume, in keeping with the good price/volume action we have seen
(347,000; average is 690,000). Money flow is strong, and we still like
this one.
PLAY: On a break over 194 on increased volume, June $190 calls (STMFR)
to
buy.

Technical play JNPR options..