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Technology Stocks : JDS Uniphase (JDSU) -- Ignore unavailable to you. Want to Upgrade?

To: minorejoy2000 who wrote (21225)	8/12/2001 6:49:01 PM
From: robert b furman	Read Replies (1) \| Respond to of 24042

Hi MJ 2000, TC 2000 made a comment that thought Orcl would do a retest of it's April low.I show that to be April 4 on 49 million volume.The low of the day was 13.00. Tc 2000 shows very little positive about where the price of the stock will go - a break into the 12's is perhaps the blood in the streets place to look. Interestingly enough BEAS reports wednesday. It's a good thought to sell puts. If this market gets fear in it - someone will pay too much to aleiviate the fear of their stock going down further.Puts are viewed as insurance policies against that. 15.00 - 13.00 = 2.00 plus time premium of 1.00 .So sell 15.00 puts for 3.00. If Orcl was below 15 at expiry - you'd be assigned the stock at a net price of 12.00. I thought it was agood long term entry at 15.00. BWDIK Bob Thanks for the post