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To: IQBAL LATIF who wrote (16601)1/26/1998 9:39:00 AM
From: IQBAL LATIF  Read Replies (1) | Respond to of 50167
 
TXN and PRIA both recommended- strong buy on PRIA and buy on TXN I expect TXN to take out 50 soon . gtw also recommended- banks going higher.



To: IQBAL LATIF who wrote (16601)1/26/1998 9:58:00 AM
From: Riskmgmt  Respond to of 50167
 
Hi! Ike, I am just fine, thanks. I had a nice evening watching the superbowl game and the underdogs (Denver) winning.
I am not familiar with PRIA, I see that it has a high PE 40+ and appears to be in a commodity business (integrated circuits)-why do you like it? I like TXN at this price with PE around 11 it looks cheap. I also think that the networkers have bottomed and selectively can be looked at for a long position-perhaps writing puts or buying LEAPS or combo of both. I have been writing puts on Ascend and Fore and watching Coms. Cisco and Lu look strong but pricey. MSFT is too pricey for me but if ever they buy out Citrix I may end up with some shares that way.<G> A choppy market-was limit up now +19 on the Dow-I think if it breaks out, the techs may take off. I talked to my friend in Paris last weekend and the weather was terrible-so you are in the right place my friend. When are you planning a return?

good luck,

Ray