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To: Galirayo who wrote (12330)	2/23/1998 8:00:00 PM
From: Trader X	Read Replies (1) \| Respond to of 17305

What a day, huh!? NAZ breaks the old record. AMAT was upgraded. Things are going too well. re SEEQ, playing for the breakout at 2 7/8 - 3 with a buy limit order is one way to play it, but I tend to play a bit more aggressively (go figure). I might want to go the other way and buy limit here at the bottom of the trading range ~2 1/2, and place a stop loss under it at 2 1/4, which would look like a formation failure to me. That way I get the most bang outta the breakout, if it happens. That way the expected move to $4 would gross 60% rather than 33%. But that's just me... -kh