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Technology Stocks : Alcatel (ALA) and France -- Ignore unavailable to you. Want to Upgrade?

To: zbyslaw owczarczyk who wrote (1951)	6/7/2000 1:46:00 AM
From: Steve Fancy	Read Replies (1) \| Respond to of 3891

Sounds like some pretty bullish stuff<g>...thanks! Zbyslaw, I should clarify my earlier comments...I am as bullish as ever. Only sold these options as IMO options with a couple weeks left can be like dynamite. I had an slightly oversize position thanks to averaging and was sitting on bloodbath saving gains<g>. I'm away most of the day tomorrow and feel much better locking them in. Sold 1/3 if my July 20 ALSC options also, though I believe they will be much higher by then. Gotta keep the portfolio in balance. Probably won't prove to be a major problem, but I don't care for the Fedhead noise. The signs of slowdown seem to be cropping up all over but they seem so intent on controlling the market that I think they might overshoot on the upside to teach us bad people a lesson. But maybe not as they potentially can destroy a lot of hard work in other emerging countries. Who knows, but alls well and ends well with that trade<g>. Appreciate all your input! regards, sf