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

To: Kevin who wrote (33136)	1/14/1998 1:19:00 PM
From: Alan Smithee	Respond to of 58727

Hi Kevin. I've been doing well lately. Glad the holidays are past. Looks like there's heavy accumulation of the WAMU shares today. Some big blocks trading that look to me like buys. Stock got hit along with Ahmanson and some other S&L's on concerns about the yield curve. I for one think the sell off was overdone. I'm looking at the Feb. 60 calls. Take care

To: Kevin who wrote (33136)	1/14/1998 2:20:00 PM
From: Alan Smithee	Respond to of 58727

Well Kevin- I'm seeing heavy accumulation of the WAMU shares, and there is huge volume in the Feb. 60 call options today as well. For better or worse, I'm back to trading the banks. I have 10 of those calls at 1 5/8. DSG ps-RickC, care to join in the fun?