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Pastimes : Ask Steve -- Ignore unavailable to you. Want to Upgrade?

To: hpeace who wrote (4537)	1/2/1998 10:55:00 PM
From: Lane	Read Replies (1) \| Respond to of 4749

if you could only pick one......would you pick INTC or AMD at these levels?? TIA

To: hpeace who wrote (4537)	1/2/1998 11:41:00 PM
From: FruJu	Read Replies (1) \| Respond to of 4749

I see what you mean Steve.. ATML reports just before options expiration day this month if I recall (the 15th). What about a strategy of just waiting until that week, and buying 20 or 22.5 CALLs during that week (assuming it's in a holding pattern until then). Also, I guess that this strategy of buying upside naked calls is only appropriate if you are expecting big news (e.g. earnings announcement). I presume that February calls are not a good option (no pun intended) for that reason. E>