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Technology Stocks : COMS & the Ghost of USRX w/ other STUFF -- Ignore unavailable to you. Want to Upgrade?

To: jhild who wrote (9089)	11/12/1997 5:50:00 PM
From: Dwight E. Karlsen	Read Replies (1) \| Respond to of 22053

My rational in selling to close the puts was that in this crazy market, bargain hunters could sweep in and the DJIA could open up 100 pts. This has happened before. Also yes, I wanted to at least break even on my earlier 7400s. I don't see any positive news, other than the fact that IMO the money bleeding off from Asia is being sent to US blue chips, which is why IMO that the DJIA has been so resilient lately. In short, at this point I can put the cash to work going long, when/if we see a retest of 7100 on the DOW. COMS looking very attractive here, but it looks like the sale will be extended for another day or two.