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Technology Stocks : Texas Instruments - Good buy now or should we wait? -- Ignore unavailable to you. Want to Upgrade?

To: RAF who wrote (1892)	10/26/1997 9:00:00 PM
From: Bilow	Respond to of 6180

Try the CBOE site: cboe.com They're fun, but you never seem to make much money with them when you're right, and you lose everything when you're wrong. Some people think that options are a form of roulette, that is legal on wall street. I disagree. I think it is more like lotto, or 3-card monte. Okay. You can also use them for tax minimization. But be careful, consult a tax guy. The natural use of options would be to protect against a downward move in a stock. (Buy puts.) But I think it can do some weird stuff when they determine whether you held the stock for a short term gain or long term gain... Best of luck, (which is the most useful skill with options.) -- Carl