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To: IQBAL LATIF who wrote (16945)	2/10/1998 3:13:00 PM
From: Al Serrao	Read Replies (3) \| Respond to of 50167

Uncle, does this break of SOX at 305 now become the new support level? Love to read your posts , great job for those learning still to trade. Regards. P.S. Uncle your sources must be right about this strike on Iraq or else markets would not be so hot. The next question to ask, will we still attack even if Houein allows access to sites?. Maybe the US just wants him out and will bring about a coup along with a strike?

To: IQBAL LATIF who wrote (16945)	2/10/1998 5:47:00 PM
From: Joe S Pack	Respond to of 50167

Iqbal and the rest of the contributers: Keep up the good work. Been off due to some hectic schedule at my work side. Has been positing here and there but not much. Just returned from a demo (of a tool that we are developing) to one of the industry analysts. Will be taking vacation for a month starting next week-end. Visiting my country of origin. Lately playing MSFT split, AMAT and LGND. So far so good. Missed few like ORCL and TXN. INTC is back to where I would like. AMAT 's earnings are better than expected despite Asian flu and it bodes well for the leader. Chuck keep up the good work. As expected Monica Lewdnesky's scheme is unfolding day-by-day and it will have marginal effect on the PREZ. IRAQ is more of ego-satisfying excercise rather than anything logical or indispensible. Now that we are in the 8300 range and that the earnings round is getting over, are we ready for yet another minor correction to 7800 range? I think so. It will be clear by next week. Will be checking on and off. -Karun

To: IQBAL LATIF who wrote (16945)	2/11/1998 4:48:00 AM
From: island mutt	Respond to of 50167

Iqbal, Thanks for the quick reply. It should be interesting tomorrow watching the market reaction to AMAT earnings & CC. I'm long in KLIC which had a great run today. All signs point to a continued run but who knows how the news will affect the rest of the sector. Thinking of selling covered calls if SOX breaks 292. There is still a good premium on April 30 & 35. Please give me your thought on AKSEF (risky oil play in Sudan - proven reserves - building pipeline to get oil to market - new president - up 50% in last 3 trading sessions with big volume increase). Could be played as a non-expiring option. Currently long 3,000 shares & thinking of buying 2,000 more. Thanks again for your insights, Island Mutt