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

To: Kevin who wrote (33132)	1/14/1998 12:08:00 PM
From: Alan Smithee	Read Replies (1) \| Respond to of 58727

Kevin: How are you today? I decided to surface for a moment. 297 calls on the WAMU Feb. 60(WAQBL) traded today at 1 3/4. I do believe that's a buy. Any way for you to tell from your info? Thanks. David (two weeks and counting - ask Lisa what I mean)

To: Kevin who wrote (33132)	1/14/1998 1:38:00 PM
From: Electric	Respond to of 58727

Kevin, I tend to think that there will be support from other techs that suprise or at least meet earnings, like MSFT and IBM, so I am going to wait to get in, hoping that INTC will shake and move up to the high 70's first. I am sure that the puts are all overvalued here due to everyone and their dog jumping on the wagon... Are you thinking about puts today, it would make me feel better to know that fundamentalists might follow me into the deep murky lunar waters here.. <gggg> E