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Strategies & Market Trends : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?

To: Taqi Hasan who wrote (27513)	10/30/1997 4:34:00 PM
From: Electric	Respond to of 58727

Taqi, It has been a bit since I have seen you.. I agree, LU is a stock that is going to move up up up over the long run.. CPQ I think as well.. On the INTC issue, I agree, buying in the money is a smarter move, but at that price 2 1/2 it seems like such a sweetie.. again, my ST views gets me in trouble.. Electric

To: Taqi Hasan who wrote (27513)	10/30/1997 4:36:00 PM
From: Muizz M. Kheraj	Read Replies (1) \| Respond to of 58727

I like's Tom's method of selling puts to own really good companies at discount prices. Currently, you could sell the Intel Jan 70 Puts for 3 3/8. To think that Intel will still be selling at such a low price in January is outrageous. But if it is at or below 70, you would own Intel for a cost of approximately 67 . . . and at $5 estimate for FY98, that's about 13 1/2 times earnings. Not a bad deal. Muizz